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Shoppes At Gloucester | Gloucester, VA

Shoppes At Gloucester | Gloucester, VA
Make an Offer
Investment Offering

Tenant: Shoppes At Gloucester | Gloucester, VA
Premises: 74,774 SF
Renewal Options: Varies

Lease Expiration: Varies
Lease Type:
Rental Increases: Varies

 

  • Shoppes At Gloucester is an 11-Unit Shopping Center that Perfectly Serves Over 38,000 Residents East of the York River
  • Dollar Tree, Big Lots, and Hibbett Sports are Publicly Traded Companies and Make up 71% of the Entire Center
  • Due to Embedded Rent Increases and Lease Up of the Vacant Space, the NOI is Projected to Grow by More than 24%
  • Stabilized Cap Rate in Year 2 is 10.37%
  • Five of the Seven Current Small Shop Space Tenants have Occupied the Shopping Center for Over Fifteen Years
  • Between 1970 and 2000, the County’s Population has Grown by Over 60% and this Additional Influx of New Residents have Encouraged Mass Commercial and Residential Development

SIG works with Non-Resident Prospective Buyers

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

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

Area Overview

Shoppes At Gloucester | Gloucester, VA

6583 Market Drive - Gloucester, VA 23061

Contact Broker for Details

Status: Sold

Shoppes At Gloucester | Gloucester, VA

Daniel Hoogesteger

310.853.1419
dan@SIGnnn.com

Andy Chana

310.853.1316
andy@SIGnnn.com

Make an Offer
$8.3 BILLION IN SALES

Leverage our Platform
List with SIG

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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