National Seating and Mobility Inc. & Taylor 3941 Deep Rock Rd 22,447 SF 100% Leased Flex Building Richmond, VA 23233 $3,922,343 ($174.74/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- National Seating & Mobility is a Leader in the Healthcare Industry With Over 200 Locations in North America and Occupy 80% of the Property
- This Deal Provides 2.5% Annual Increase in Rent From Both Tenants
- Located Directly Between I- 64 and Hwy 250; This Site also Provides Two Entry Points Off of Deep Rock Road Providing Drivers Easy
- Both Tenants Have Been at the Site For Over 5-Years and Recently Have Extended Their Leases National Seating & Mobility Recently Expanded
- Rare Opportunity to Acquire an Infill Industrial Asset in the Henrico-Richmond Submarket
- This Property is Currently Occupied By Two Tenants Offering Some Diversification From a Purely Single Tenant Asset
EXECUTIVE SUMMARY
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 aFlex 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
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- National Seating & Mobility
- Transportation and Warehousing
- 18,012 SF
- $0.93
- Feb 2030
- Taylor & Parrish Construction
- Transportation and Warehousing
- 4,435 SF
- $1.51
- Oct 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| National Seating & Mobility | Transportation and Warehousing | 18,012 SF | $0.93 | Feb 2030 | ||
| Taylor & Parrish Construction | Transportation and Warehousing | 4,435 SF | $1.51 | Oct 2026 |
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PROPERTY TAXES
| Parcel Number | 751-758-4898 | Improvements Assessment | $1,789,300 |
| Land Assessment | $587,000 | Total Assessment | $2,376,300 |
CONTACTS
-
Stratton Greig -
Will Beightol -
Thomas Miller -
Austin Marsh -
Thomas Gorman -
Sands Investment Group Austin, LLC
