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 | |
Updated | September 28th, 2017 |
Type | Retail |
Price | $629,000 |
Building | 4,800 Sq. Ft. |
Land | 0.38 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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