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928 S Church St
Smithfield, VA 23430
CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. 2022
  • Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
  • Hampton Roads is known for its Large Military Presence, Shipyards, Coal Piers, and Miles of Waterfront Property, all of which contribute to the Divers
  • Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,600 Convenient Locations in 40 States - and Growing.
  • Positioned Along Area’s Retail & Traffic Corridor. Features Easy Access and Excellent Visibility with Daily Traffic Counts of more than 11k Vehicles.
  • Near Numerous National Retailers including Kroger, Food Lion, Tractor Supply Co, CVS Pharmacy, Burkes Outlet and more. Limited Competition - Next Near

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1972/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.90 AC
Zoning
HR-C
Parking
125 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
608’ on S Church St

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21A-32-071
  • 21A-32-071A
Land Assessment
$1,143,500
Improvements Assessment
$2,146,000
Total Assessment
$3,289,500
  • Listing ID: 28400722

  • Date on Market: 5/4/2023

  • Last Updated:

  • Address: 928 S Church St, Smithfield, VA 23430

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