804-869-3059
10810 Hasty Ln, Midlothian, VA for Sale
Office - FOR SALE
1/36
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10810 Hasty Ln
Midlothian, VA 23112


HIGHLIGHTS

  • Approximately 90% occupied multi-tenant office/flex investment opportunity
  • Immediate access to Route 288 and Hull Street Road (Route 360)
  • Additional parcel area provides future conceptual flex development potential
  • Below-market lease structures provide future upside through renewals and operational restructuring
  • Approximately 1,418 SF of common area currently not core factored into leases
  • Building renovations completed primarily between 2013–2018, including roof, siding, and windows

OVERVIEW

The Gaulden Group is pleased to present 10810 Hasty Lane, a multi-tenant office/flex investment opportunity located within the highly active Chesterfield County commercial corridor. The property is currently approximately 90% occupied and offers a combination of stabilized in-place income and long-term value-add potential through future lease restructuring, operational efficiencies, and additional development optionality. The asset consists of a professionally maintained office/flex building with a diversified tenancy profile and functional layout supporting a variety of commercial and service-oriented users. A significant portion of the building was renovated between 2013 and 2018, including improvements to the roof, siding, windows, and interior systems, contributing to the property’s strong overall presentation and operational utility. Current ownership has identified additional upside through future lease rollover and the implementation of expense recovery structures, as approximately 1,418 square feet of common area is not currently incorporated into tenant lease calculations. The property also benefits from an additional parcel area that may support future conceptual flex-oriented development configurations subject to municipal approvals. Strategically positioned near Route 288 and Hull Street Road (Route 360), the property benefits from strong regional accessibility, continued suburban growth, expanding household incomes, and increasing commercial activity throughout western Chesterfield County. The combination of stabilized occupancy, embedded NOI growth potential, and future site optionality positions the asset as an attractive opportunity for private investors seeking long-term value creation within one of the Richmond region’s strongest suburban growth corridors.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hasty Office Park

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

I-1

APN/PARCEL ID

745-68-53-53-500-000

ASK ABOUT THIS PROPERTY

David GauldenThe Gaulden GroupMore Info
804-869-3059

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David GauldenThe Gaulden GroupMore Info
804-869-3059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.