671 Hioaks Rd - Medical FOR SALE


Richmond, VA 23225- Hioaks
$6,475,000 USD
214-300-5524
671 Hioaks Rd, Richmond, VA for Sale
$6,475,000 USD
Medical - FOR SALE
1/1
null | 6% Cap Rate

671 Hioaks Rd
Richmond, VA 23225
Hioaks


HIGHLIGHTS

  • Proximity to Chippenham Hospital
  • Integrated Referral Advantage
  • Long-Term Leases with 2.75% Annual Rent Escalations (Avg.)
  • Established Tenant Operating History

OVERVIEW

Peranich Huffman Net Lease Group is pleased to offer the exclusive opportunity to acquire DaVita Dialysis & Richmond Nephrology Associates, a 14,647-square-foot dual-tenant medical property located at 671 Hioaks Road, Richmond, VA. The property is 100% occupied on 1.15 acres and reflects a 6.00% capitalization rate on net operating income of $388,471. Originally constructed in 1991 and renovated in 2016, the facility serves dialysis and nephrology patients in the Richmond market and features a weighted-average lease term remaining of approximately 11.2 years.

FOR SALE DETAILS

PRICE

$6,475,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DaVita Dialysis & Richmond Nephrology

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,355 SF

ZONING

R-3

APN/PARCEL ID

C005-0776-033

ASK ABOUT THIS PROPERTY

Nathan HuffmanPeranich Huffman Net Lease GroupMore Info
214-300-5524

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

Nathan HuffmanPeranich Huffman Net Lease GroupMore Info
214-300-5524

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