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Prime Investment Opportunity 1220 N 25th St 7,640 SF Retail Building Richmond, VA 23223 $2,154,082 CAD ($281.95 CAD/SF) 7% Cap Rate
Investment Highlights
- Strategically located across from a new development project, providing exposure to future growth and increasing area activity.
- Located within a dense population area with strong residential density supporting consistent consumer traffic and retail demand.
Executive Summary
Introducing a prime opportunity for Retail / Street Retail investors in the heart of Richmond. Centrally located within close proximity to downtown Richmond, major employers, universities, and regional transportation routes. Single Tenant Family Dollar - 10+ years of term.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,640 SF
Building Class
C
Year Built
1994
Price
$2,154,082 CAD
Price Per SF
$281.95 CAD
Cap Rate
7%
NOI
$150,786 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
B-3 - General Business
Parking
29 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | E000-0560-008 | Improvements Assessment | $907,720 CAD |
| Land Assessment | $482,890 CAD | Total Assessment | $1,390,610 CAD |
Property Taxes
Parcel Number
E000-0560-008
Land Assessment
$482,890 CAD
Improvements Assessment
$907,720 CAD
Total Assessment
$1,390,610 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Prime Investment Opportunity | 1220 N 25th St
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