Gold's Gym International Inc. purchased the 22,924-square-foot retail building at 1823 Southpark Blvd. in Colonial Heights, VA, from U.S. Bank for $1.1 million, or about $48 per square foot.
The one-story retail property is part of the Southpark Shopping Center, which features other major retailers such as Sam's Club, Toy R' Us and Ashley Furniture.
Susan Jones and Frank Galleher of Grubb & Ellis|Harrison and Bates represented the seller, while Connie Jordan Nielson of Cushman & Wakefield|Thalhimer represented the buyer.
Please see CoStar COMPS #2163111 for more information on the transaction.