Park South Shopping Center

798 Southpark Blvd., Colonial Heights, VA 23834

  • For Sale $7,872,000
  • Property Type Retail - Street Retail
  • Property Size 42,913 SF
  • Units 14
  • Lot Size 4.55 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1992
  • Year Renovated 2022
  • Date Updated Apr 22, 2024
Park South Shopping Center is adjacent to SouthPark Mall, an 800,000 SF shopping mall that experiences substantial foot traffic, with 3.3 million visitors annually. SouthPark Mall is home to national retailers Dick’s Sporting Goods, Macy’s, and JC Penny. It is surrounded by top-performing national retailers include Walmart and Sams Club, which are ranked in the 87th and 70th percentile, respectively, nationwide in terms of foot traffic. Park South Shopping Center is located less than 5 miles from Fort Lee Army Base. This base underwent a major expansion in 2005 and now trains 70,000+ troops per year as the Army’s third largest training site in the US. Additionally, Virginia State University is a 10 minute drive from Park South Shopping Center and has an enrollment of 5,400+/- students. The center is 3-minute drive from I-95, the primary north-south thoroughfare on the East Coast and observes +/-97,000 vehicles per day. The site can directly be accessed through the signalized intersection of Southpark Blvd and Charles H Dimmock Pkwy (+/-31K total VPD)Stabilized and Growing Revenues through a new 10 Year BioLife lease and over 58.3% of tenant’s having in-place rent increases Strategically located in Colonial Height’s premiere retail node providing tenants and their customers easy access to Interstate 95 Synergistic tenant lineup featuring over 50% of the GLA leased to national tenants, over 75% leased to internet-resistant service providers and boasts a 6.4 WALT

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Jordan Collier

Meybohm Commercial Properties

(706) 736-3375

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Colonial Heights, VA
  • Neighborhood Colonial Heights
  • Zip Code 23834
  • Market Richmond Tidewater

Points of Interest

  • Petersburg

    2.18 miles

  • Sam's Club

    0.15 miles

  • Exxon

    0.42 miles

  • Shell

    0.46 miles

  • Wawa

    0.53 miles

  • 7-Eleven

    0.80 miles

  • Sheetz

    0.81 miles

  • Circle K

    0.90 miles

  • Citgo

    1.05 miles

  • Wawa

    1.15 miles

  • BP

    1.22 miles

  • Lot 30

    1.53 miles

  • Lot 15

    1.58 miles

  • Moore Hall Parking

    1.60 miles

  • Lot 31

    1.62 miles

  • Lot 32

    1.62 miles

  • Lot 13

    1.63 miles

  • Lot 33

    1.63 miles

  • Lot 1

    1.63 miles

  • Lot 14

    1.65 miles

  • Lots 11 and 12

    1.65 miles

  • Volcano Crab

    0.04 miles

  • Panera Bread

    0.06 miles

  • Wendy's

    0.09 miles

  • Five Guys

    0.12 miles

  • Chick-fil-A

    0.20 miles

  • Outback Steakhouse

    0.22 miles

  • Taco Bell

    0.24 miles

  • Olive Garden

    0.27 miles

  • Denny's

    0.28 miles

  • El Caporal

    0.32 miles

  • Burlington

    0.12 miles

  • Target

    0.24 miles

  • Walmart Supercenter

    0.29 miles

  • Macy's

    0.32 miles

  • JCPenney

    0.41 miles

  • ALDI

    0.50 miles

  • Marshalls

    0.56 miles

  • Food Lion

    1.33 miles

  • Publix

    1.80 miles

  • Food Lion

    2.34 miles

Frequently Asked Questions

What is the lease rate for Park South Shopping Center?

Rental asking rate at Park South Shopping Center is $3,936,000.00/YR.

What is the total square footage of Park South Shopping Center?

Park South Shopping Center totals 42,913 square feet.

When was this property built?

Park South Shopping Center was built in 1992.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Jordan Collier

Meybohm Commercial Properties

(706) 736-3375