Fully Renovated Mixed-Use Investment | Established Tenants | 5.8% Cap Rate INVESTMENT HIGHLIGHTS 5.8% Cap Rate with established tenant base generating $122,878+ projected 2026 income 100% occupied with complementary businesses: restaurant and specialty fitness facility Fully renovated building (2016-2018): electrical, plumbing, HVAC systems completely replaced Prime West Cary Street location with excellent visibility and high foot traffic Lease terms through 2029 with 1% annual escalations and renewal options Recent roof improvements (2024) - minimal capital expenditure requirements FINANCIAL SUMMARY List Price: $1,800,000 Building Size: 7,808 SF (approximate) Current Occupancy: 100% Projected 2026 Income: $122,878 with built-in annual growth Major building systems recently renovated - reduced maintenance risk PROPERTY FEATURES Two-story structure with flexible commercial layouts Striking street-facing facade with excellent visibility Large storefront windows providing natural light Loading capabilities with exterior access Located in high-traffic commercial corridor LOCATION ADVANTAGES Bustling West Cary Street with strong pedestrian and vehicle traffic Surrounded by prime residential neighborhoods supporting local businesses Proximity to Carytown and VCU Walk Score: 96 (Walker's Paradise) | Bike Score: 82 (Very Bikeable) Established commercial district with diverse business mix INVESTMENT BENEFITS Turn-key passive investment opportunity Stable, diversified income from two successful, established businesses Conventional commercial financing available Perfect for investors seeking predictable cash flow with growth potential Professional tenant management relationships already established CURRENT TENANTS TBT El Gallo: Popular Mexican restaurant contributing to area's culinary reputation Tequila & Deadlifts: Boutique fitness studio with dedicated member base This fully renovated property offers investors immediate cash flow with long-term appreciation potential in one of Richmond's most dynamic commercial corridors. For detailed financial package and private showing, contact: Nathan Hughes, Principal Broker Sperity Real Estate Ventures 804.349.1000 nathan@sperityventures.com