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2614 W Cary St 7 808 pi² 100% Loué Commerce de détail Immeuble Richmond, VA 23220 2 500 110 $ CAD (320,20 $ CAD/pi²) 5,80% Taux de capitalisation

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RÉSUMÉ DE L'ANNONCE

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

Plat 2614 West Cary Street

2017_08-09-2614 Cary St-A1.5-second floor plan-At Your Bidding

2017_08-09-2614 Cary St-A1.4-first floor plan-At Your Bidding

2017_08-09-2614 Cary St-A1.3-first floor plan-Kreggers

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

7 808 pi²

Classe d’immeuble

Année de construction

1900

Prix

2 500 110 $ CAD

Prix par pi²

320,20 $ CAD

Taux de capitalisation

5,80%

Revenu net d’exploitation

145 006 $ CAD

Pourcentage loué

100%

Location

Multiples

Hauteur du bâtiment

2 étages

Quais de chargement

2 Extérieur

Dalle à dalle

11’

Coefficient d’occupation des sols de l’immeuble

1,12

Taille du lot

0,16 AC

Zonage

B-6 - Affaires générales

Façade

55’ sur West Cary Street

Climatisation

PRINCIPAUX LOCATAIRES

TBT El Gallo is a privately held Richmond-based taqueria known for its modern interpretation of Mexican street food, including tacos, burritos, tortas, and loaded fries. Chef-owner Carlos?Ordaz-Nunez launched the venture in early 2021 after starting with pop-ups and farmers market events. In November 2024, the business relocated to a larger full-service restaurant at 2614 W Cary St, adding a bar, expanded menu, and outdoor café. Notably, by its third anniversary, TBT El Gallo had been featured in publications like Richmond Magazine and Axios, and became recognized on national food platforms.