5620 Hull Street Road

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5620 Hull Street Road

Richmond, VA 23224
Asking Price
$4.00M
Cap Rate
7.5%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Retail | 7.50% CAP | 44,440 SqFt <ul><li>​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.</li><li>​Well-situated at the signalized intersection of Swanson Drive & Hull Street, and less than a mile from McGuire Veterans Hospital.</li><li>​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

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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.13%
Monthly Payment
$19,814.555
Annual Cash Flow
$-157,774.658

Location & Travel Times