9801-9898 Chester Rd
Chester, VA 23831

The Property is anchored by a historically strong performing Food Lion, who recently exercised their renewal option five years early and have 9 years of lease term remaining. The remainder of the tenant mix is comprised of an e-commerce resistant, smallshop user base with an overall average lease term of 7.5 years. A ±5.28 acre developable parcel for future expansion (with rare C-3 zoning) is available for purchase along with the improvements. Over $550,000 of capital improvements have recently been completed at the Property including a resurface of the full parking lot and installation of a brand-new roof. Centralia Crossing offers an investor a stable cash flowing asset with development and leasing upside with high barriers to entry for similar product while mitigating near term capital expenditures.