Regions Central Virginia

Chesterfield Marketplace sells for $12 million

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Chesterfield Marketplace, a 199,391-square-foot community shopping center in Chesterfield County that's anchored by national tenants, has sold for $12 million.

According to CBRE|Charlottesville, which announced the sale, Y-C Group 1 LLC purchased the property from WP Chesterfield Associates LP.

The center, located at 1201-1385 Carmia Way in Midlothian, is anchored by PetSmart and Staples. The co-anchor is a 40,000-square-foot Thunderbolt Indoor Kart Racing track and a 37,500-square-foot Skyzone. Other tenants include Rugged Warehouse, Dollar Tree, Subway and Sally Beauty Supply.

Jay O’Donnell of CBRE|Charlottesville along with Bill Kent and Ryan Sciullo of the Washington, D.C. CBRE office represented the seller in the transaction.

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