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398 Wythe Creek Rd

8,075 SF Retail Building Poquoson, VA 23662 $849,000 ($105/SF) 6.98% Cap Rate

Retail Space Virginia Poquoson 398 Wythe Creek Rd, Poquoson, VA 23662

Investment Highlights

  • New Lease Term extension that expires 12/31/2027
  • One (1) Five-Year renewal option

Executive Summary

LEASE RENEWED W/RENT INCREASE - New Lease Term extension that expires 12/31/2027!
Built in 1994 and renovated in 2017.

Attachments

OM

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,075 SF
Building Class
C
Year Built/Renovated
1994/2017
Price
$849,000
Price Per SF
$105
Cap Rate
6.98%
NOI
$59,260
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Zoning
B2 - General Business
Parking
36 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
216 FT on Wythe Creek Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
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398 Wythe Creek Rd, Poquoson, VA - aerial map view - Image1
398 Wythe Creek Rd, Poquoson, VA - aerial map view - Image2
398 Wythe Creek Rd, Poquoson, VA - aerial map view - Image3

Nearby Major Retailers

Food Lion
Truist
El Rancho Restaurante Mexicano
Snap Fitness 24/7

PROPERTY TAXES

Parcel Number 27-08-00-000A-1 Improvements Assessment $451,900
Land Assessment $381,200 Total Assessment $833,100

PROPERTY TAXES

Parcel Number
27-08-00-000A-1
Land Assessment
$381,200
Improvements Assessment
$451,900
Total Assessment
$833,100
(703) 999-3390

Contact

  • Listing ID: 29545174

  • Date on Market: 9/17/2023

  • Last Updated:

  • Address: 398 Wythe Creek Rd, Poquoson, VA 23662

More public record information on 398 Wythe Creek Rd, Poquoson, VA 23662

The Retail Property at 398 Wythe Creek Rd, Poquoson, VA 23662 is currently available for sale. Contact Samson Properties for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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398 Wythe Creek Rd, Poquoson, VA for sale Primary Photo- Image 1 of 7
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398 Wythe Creek Rd, Poquoson, VA for sale Aerial- Image 2 of 7
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398 Wythe Creek Rd, Poquoson, VA for sale Building Photo- Image 3 of 7
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398 Wythe Creek Rd, Poquoson, VA for sale Plat Map- Image 4 of 7
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398 Wythe Creek Rd, Poquoson, VA for sale Aerial- Image 6 of 7
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398 Wythe Creek Rd
(703) 999-3390 x

398 Wythe Creek Rd

Sean Hopkins

(703) 999-3390

(703) 999-3390

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