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New Market Square

New Market Square
Make an Offer
Investment Offering

Tenant: New Market Square
Premises: 40,200 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type:
Rental Increases: Varies

 

  • New Market Square is a 40,200 SF Shopping Center 100% Leased to a Tenant Roster that Perfectly Serves the Local Market
  • Tenants Include Food Lion (83% of the GLA), Portabella’s Ristorante, Varina Day Spa and China Taste
  • Food Lion has Anchored the Shopping Center Since it’s Original Development in 1998 with Very Strong Store Sales and Consistent Historical Sales Growth
  • Food Lion Has Over 9 Years of Remaining Lease Term Before Options; Overall GLA Has Less Than 11% of Rollover Within the Next Five Years
  • More than 9,300 Residents Within a 3-Mile Radius and an Average Household Income Exceeding $91,330
  • New Market Square is Located Within 9 Miles of Downtown Richmond, the Capital of Virginia

SIG works with Non-Resident Prospective Buyers

In Cooperation with Russell Lynn Stanfield, VA Broker Lic# 0225222336 of JDS Real Estate Services, Inc. VA Broker Lic# 0226026959

JDS Real Estate Services, Inc. works with Prospective Virginia Resident Buyers

Area Overview

New Market Square

2599 New Market Road - Richmond, VA 23231

Contact Broker for Details

Status: Sold

New Market Square

Andy Chana

310.853.1316
andy@SIGnnn.com

Daniel Hoogesteger

310.853.1419
dan@SIGnnn.com

Make an Offer
$5.1 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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