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1 & Kings Acres RdGlen Allen, VA 23059

Seven Suites, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property, situated at the prominent intersection of Route 1 and Kings Acres Road in Glen Allen, Virginia, presents a unique investment opportunity. The center comprises seven individual suites, offering a flexible layout suitable for a variety of commercial tenants. Currently, one suite totaling 1 square foot is vacant, presenting immediate leasing potential. The property boasts a total building area of 1 square foot across all seven suites. The expansive lot size ranges from 1.14 to 2.83 acres, providing ample space for parking and potential future expansion. Located in Hanover County, zip code 23059, this property benefits from high visibility and convenient access to major roadways, ensuring significant foot and vehicle traffic. The multiple tenancy structure allows for diverse business combinations, maximizing rental income potential. This prime retail location in the thriving Glen Allen market offers a compelling opportunity for investors seeking a strong return on investment. The vacant suite presents an immediate chance to secure a desirable tenant and increase occupancy. The property's size and location make it an ideal choice for businesses seeking a high-traffic location with excellent visibility. This is a rare opportunity to acquire a well-positioned retail center in a rapidly growing area. The property's flexibility and potential for future development make it a truly exceptional investment.

Highlights

  • 16-acre site with anchor and junior anchor retail development opportunities.
  • Pre-leasing now available.
  • High-traffic Route 1 location (21,000 vehicles per day).
  • Signalized corner lot with multiple access points.
  • Convenient access to I-95.

Property Details for 1 & Kings Acres Rd

Property type
Retail properties
RSF (Rentable sq. ft)
1 SF

Unit(s) available at that property

Space
Available Space
Size
120,661 SF
Space
Available Space
Size
58,370 SF
Space
Available Space
Size
49,223 SF
Space
Available Space
Size
49,658 SF
Space
Available Space
Size
123,275 SF
Space
Available Space
Size
561,053 SF
Space
Available Space
Size
696,960 SF

Location Insight

City
Glen Allen
County
Hanover
State
Virginia
Latitude
37.6818785
Longitude
-77.4616893
1 & Kings Acres Rd, Glen Allen, Virginia

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1 & Kings Acres Rd
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