Corporate Surplus - Former Fast Food at I-95 Interchange

Real Estate Auction in 401 Southpark Blvd, Colonial Heights, Virginia, United States

17 Tuesday
17th November, 2020 11:00 AM

Corporate Surplus - Former Fast Food at I-95 Interchange

Real Estate Auction in 401 Southpark Blvd, Colonial Heights Virginia, United States

Tuesday at - 17th November , 2020

Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: Settlement on or before December 22, 2020. Sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.

Description

Attention Investors and Users: +/-1.03 Acre site improved with former Burger King, located at the MAIN ENTRANCE OF THE SOUTHPARK MALL RETAIL COMPLEX AND MAJOR I-95 INTERCHANGE!

Southpark Mall is the center of the retail universe south of Richmond, VA and north of Rocky Mount, NC. The roster of vibrant commercial enterprises that call the Southpark Mall complex home include, in part: Target, Walmart, Old Navy, GameStop, Payless, Regal Cinemas, Dicks, Chipolte, Panera, BAM!, Staples, Pet Smart, Gold3s Gym, Olive Garden, Outback Steak House, Hampton Inn, Holiday Inn, Sam3s Club, and many, many more.

Potential uses include: office, Medical office, bank branch, equipment sales and leasing, ministorage and day care.

Property features include:

  • +/-3,820 s/f GLA
  • Spectacular visibility and immediate access from I-95
  • I-95 Traffic: +/-110,000 VPD
  • IN Zoning - uses included in PIP
  • Favorable Demographics
    - 3 Mile population: 47,605
    - 3 Mile avg household income: $52,581


Parcel ID#: 69010700002
2020 Tax Assessment: $1,097,400
2020 Annual Taxes: $13,169


Other retail properties also being sold:
10,000+/- sf free standing retail boxes in Baton Rouge, LA and Fargo, ND


Please be sure to download the Property Information Package by clicking on the words under “Documents.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

Map

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

Attention Investors and Users: +/-1.03 Acre site improved with former Burger King, located at the MAIN ENTRANCE OF THE SOUTHPARK MALL RETAIL COMPLEX AND MAJOR I-95 INTERCHANGE!

Southpark Mall is the center of the retail universe south of Richmond, VA and north of Rocky Mount, NC. The roster of vibrant commercial enterprises that call the Southpark Mall complex home include, in part: Target, Walmart, Old Navy, GameStop, Payless, Regal Cinemas, Dicks, Chipolte, Panera, BAM!, Staples, Pet Smart, Gold3s Gym, Olive Garden, Outback Steak House, Hampton Inn, Holiday Inn, Sam3s Club, and many, many more.

Potential uses include: office, Medical office, bank branch, equipment sales and leasing, ministorage and day care.

Property features include:

  • +/-3,820 s/f GLA
  • Spectacular visibility and immediate access from I-95
  • I-95 Traffic: +/-110,000 VPD
  • IN Zoning - uses included in PIP
  • Favorable Demographics
    - 3 Mile population: 47,605
    - 3 Mile avg household income: $52,581


Parcel ID#: 69010700002
2020 Tax Assessment: $1,097,400
2020 Annual Taxes: $13,169


Other retail properties also being sold:
10,000+/- sf free standing retail boxes in Baton Rouge, LA and Fargo, ND


Please be sure to download the Property Information Package by clicking on the words under “Documents.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

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