3941 Deep Rock Rd - Light Manufacturing FOR SALE


Richmond, VA 23233
$3,800,000 USD
512-856-7596
3941 Deep Rock Rd, Richmond, VA for Sale
$3,800,000 USD
Light Manufacturing - FOR SALE
1/5
null | 7.41% Cap Rate

3941 Deep Rock Rd
Richmond, VA 23233


HIGHLIGHTS

  • National Seating & Mobility is a leader in the healthcare industry with over 200 locations across North America and occupies 80% of the property.
  • Both tenants have been at the site for over 5 years and have recently extended their leases.
  • This deal provides a 2.5% annual increase in rent from both tenants.
  • Rare opportunity to acquire an infill industrial asset in the Henrico-Richmond submarket.
  • Located directly between I-64 and Highway 250, this site also provides two entry points off Deep Rock Road, offering drivers easy.
  • This property is currently occupied by two tenants, offering diversification compared to a purely single-tenant asset.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the flex industrial asset leased to National Seating and Mobility Inc. & Taylor and Parrish Construction. This is a rare opportunity to acquire a flex industrial and office asset located in the core Henrico market of Richmond. In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

National Seating and Mobility Inc. & Taylor

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

-

CLEAR CEILING HT

21 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.84

LAND SF

123,710

ZONING

-

APN/PARCEL ID

751-758-4898

ASK ABOUT THIS PROPERTY

Hunter KirbySands Investment Group Austin, LLCMore Info
512-856-7596

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Hunter KirbySands Investment Group Austin, LLCMore Info
512-856-7596

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