Neuman Commercial Group, LLC has arranged the sale of Atlee Square Retail Center, a 43,000 square foot retail and service destination located at 9167 Atlee Road in Richmond-Mechanicsville, VA. The sale price was $2,850,000. The center is 100% occupied by seven national and regional tenants including Dollar General, Habitat for Humanity Restore, Senior Helpers, and Pamunkey County Library. Neuman Commercial Group, led by Principal Gil Neuman, exclusively represented the sellers, Atlee Retail Center Associates, LLC. Chesterfield Commercial Realty represented the buyer, Nena Grove Lane, LLC.

The property is located 10 miles north of downtown Richmond, VA at the U.S. Route 301 / Chamberlayne Road intersection with combined 32,800 average daily traffic. National retailers and eateries surround the center, including across the street a recently expanded 115,000 square foot Kroger Marketplace. With a population of 1.26 million and a workforce of 677,000, the Richmond MSA is the 3rd largest in Virginia.

About Neuman Commercial Group

Neuman Commercial Group formed in 2017 as a highly focused firm specializing in arranging the disposition and acquisition of Mid-Atlantic commercial assets, with a specialty in anchored, unanchored and urban retail properties. CoStar has named Neuman Commercial Group a Power Broker Top Firm Award winner. www.neumancommercial.com