501 Euclid Avenue

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501 Euclid Avenue

Colonial Beach, VA 22443
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

What's Special

69% Leased Value-Add Center Anchored by Ace Hardware & Dollar General – Stabilized NOI $476,932 <p>Colonial Plaza Shopping Center presents the opportunity for an investor to acquire a 69% leased neighborhood retail center with strong anchor tenants and add substantial value through leasing and efficient management.</p><p></p><p>Existing tenancy is anchored by Ace Hardware and Dollar General which drive traffic to the center and provide a strong foundation for leasing.</p><p></p><p>Positioned in the heart of Colonial Beach, VA and adjacent to Colonial Beach High School and Elementary School

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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