Property Listing No Longer Available for Sale

5212 Chamberlayne Road, Henrico, VA

Retail for Sale - $629,000 - 4,800 Sq. Ft. on 0.38 acres


Property Info

CIMLS#925188
Location
  5212 Chamberlayne Road
  Henrico VA 23227
UpdatedSeptember 28th, 2017
TypeRetail
Price$629,000
Building4,800 Sq. Ft.
Land0.38 acres

Property Description

NNN INVESTMENT PROPERTY: This 4,800 sf building with frontage on Chamberlayne Road, Richmond, VA is 100% leased to an international company with over 3000 stores in the U.S. and Canada. A 5-year lease signed with two 5-year options to renew.

Location Description:

Property is located in the Brookhill Azalea Shopping Center. Coveniently located at the intersection of SR 301 (Chamberlayne Road) and SR 1 (Azalea Avenue) with both being 4 lane divided roadways. Easy access to I-95, I-295, and I-64. Richmond International Airport is 16.2 miles from the property with an estimated 25 minute drive time.

Highlights:

>> NNN Lease with Rent-A-Center @ 8.8% CAP Rate

>> 5-year lease with one 5-year option

>> Property is located in an ideal demographic

>> Median HH Income $44,300

>> Great Visibility: 100 feet of frontage on Chamberlayne Road

>> Plenty of off-street parking

>> Free Standing Retail

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Financials