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11200 West Broad Street
Glen Allen, VA 23060
Asking Price
$8.24M
Cap Rate
7.5%
Asset Type
Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 45,391 SqFt <ul><li>TROPHY "MAIN & MAIN" LOCATION - Situated directly on West Broad Street (U.S. Route 250) with exposure to over 45,000 VPD. The property is a primary anchor to the West Broad retail corridor, sitting less than a mile from the Short Pump Town Center, a premier 1.3M SF open-air mall.</li><li>OVER-SIZED PARCEL (6.13 ACRES) - In a market as dense as Short Pump, a contiguous 6-acre parcel is nearly impossible to assemble. The underlying land value provides a significant floor to the investmen
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NOI
$80,000
Cap Rate
0.97%
DSCR
0.16
Underwater
Cash-on-Cash
-16.56%
Monthly Payment
$40,790.554
Annual Cash Flow
$-409,486.65
