Food Lion Anchor: Anchored by an established Food Lion – Virginia’s #1 grocer by market share (over 42%) – providing the neighborhood with a valuable and proven necessity-based shopping draw.
Prime Signalized Location: Well-situated at the signalized intersection of Swanson Drive & Hull Street, and less than a mile from McGuire Veterans Hospital.
Central MSA Market: Located in Richmond, in the ever-expanding Central MSA – a thriving market, which continues to be at the top of the list for investors targeting retail assets in the Mid-Atlantic.
National Credit Tenants: Tenant roster is comprised of 2 national credit retailers, Food Lion and Family Dollar, which sits freestanding.
Strong Food Lion Sales: With roughly 8 years of remaining lease term, Food Lion reports very strong sales of $20M.
Pad Site Upside: A potential upside component of a separately available pad site in front under separate ownership.
Affluent Trade Area: Strong, growing trade area (out to 5+ miles) with an average household income of $94,776.