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1420 N Parham Rd
Richmond, VA 23229
Panera & PenFed Realty · Retail Property For Sale
PROPERTY FACTS
ABOUT 1420 N PARHAM RD , RICHMOND, VA 23229
Conveniently located less than two miles from Interstate 64, the assets benefit from a central location between the MSA’s downtown business district and affluent West End neighborhoods. Weighted average lease term among all tenants is 14.0 years with 10% rent escalations every five years providing future ownership passive, secure and increasing cash flow. The Property is located within a designated Opportunity Zone and the assets have not yet been placed into service. Investors are encouraged to speak with their tax advisor to determine if the benefits associated with this program can be applied on this transaction.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $26,905,100 | |
| Land Assessment | $9,530,200 | Total Assessment | $36,435,300 |
PROPERTY TAXES
