Description

Prime retail investment opportunity located within the Macdonald 80 Shopping Center, a well-established retail plaza built in 2008 with excellent highway visibility and exposure. This offering includes two parcels (APNs 517-280-011-1 and 517-280-012-9) with two buildings totaling seven units, plus the Grand Caf, a Chinese fast food restaurant business, all included in the sale. Parcel 517-280-011-1 features a five-unit building leased to national tenants including Panda Express, Subway, and AT&T, along with Grand Caf, an established owner-operated Chinese fast food restaurant. The included Grand Caf business provides flexibility for an owner-user to operate directly, or a buyer may choose to sell the business and lease the space to a new tenant for additional rental income. Parcel 517-280-012-9 includes two units occupied by Wingstop and KWW Kitchen Cabinets & Building Supply. The KWW unit can be delivered vacant, providing an excellent opportunity for an owner-user or the ability to lease at market rent for additional income potential. The property is located within a dominant regional shopping center anchored by Target and Wells Fargo, plus medical offices and other retail, generating strong consumer traffic and supporting long-term tenant stability. This is a rare opportunity to acquire newer construction retail with national tenants, strong in-place income, owner-user flexibility, and additional upside potential in a prime Richmond location.