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Paula C. Squires// June 5, 2018//
S.L. Nusbaum Realty Co. has been named the exclusive listing representative for the Mechanicsville Shopping Center in Hanover County.
Reid Cardon, Nathan Shor, Elliot Warsof, Zach Brenner and Colin Williams will provide owner representation services for the property, which is listed for sale and lease.
The 64,350-square-foot retail center is situated on 5.6 acres a half mile away from Interstate 295.
According to Nusbaum, it has an occupancy rate of 86.5 percent and a tenant mix that includes Dollar General, Surfside Bait & Tackle and Colonial Pharmacy.
The property is for sale at an asking price of $100 per square foot and a triple net lease rate of $7.25 to $14.00 per square foot.
Nusbaum also is the listing representative for 17.1 acres of land on Verdi Lane in Mechanicsville that has been listed for $1.9 million. The property is zoned A-1 and is located a mile from I-295, adjacent to the Pole Green subdivision.
