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398 Wythe Creek Rd

8,075 SF Retail Building Poquoson, VA 23662 $1,198,968 CAD ($148.48 CAD/SF) 8.62% 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
$1,198,968 CAD
Price Per SF
$148.48 CAD
Cap Rate
8.62%
NOI
$103,384 CAD
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’ 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 $648,879 CAD
Land Assessment $547,361 CAD Total Assessment $1,196,240 CAD

PROPERTY TAXES

Parcel Number
27-08-00-000A-1
Land Assessment
$547,361 CAD
Improvements Assessment
$648,879 CAD
Total Assessment
$1,196,240 CAD
(703) 999-3390

CONTACT

  • Listing ID: 29545174

  • Date on Market: 2023-09-17

  • Last Updated:

  • Address: 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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