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National Seating and Mobility Inc. & Taylor 3941 Deep Rock Rd 20,615 SF 100% Leased Flex Building Richmond, VA 23233 $3,800,000 ($184.33/SF) 7.41% Cap Rate
Investment Highlights
- ?Strong Anchor Tenant: National Seating & Mobility is a leader in the healthcare industry with over 200 locations across North America.
- ?Strong Annual Increases: This deal provides a 2.5% annual increase in rent from both tenants.
- Highly Functional Industrial Real Estate: Located directly between I- 64 and Highway 250, this site also provides two entry points off Deep Rock Road.
- ?Long-Term Site Commitment: Both tenants have been at the site for over 5 years and have recently extended their leases.
- ?Infill Industrial Asset: Rare opportunity to acquire an infill industrial asset in the Henrico-Richmond submarket.
- ?Two-Tenant Opportunity: This property is currently occupied by two tenants, offering diversification compared to a purely single-tenant asset.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the multi- tenant flex office and industrial asset located at 3941 Deep Rock Rd in Richmond, VA.? Property is anchored by a lease with National Seating & Mobility, a leader in the custom wheelchair and chair lift space with over 200 locations across North America.? This is a rare opportunity to acquire a quality flex asset leased to an industry-leading tenant in the core Henrico submarket of Richmond, VA.?
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
Amenities
- Signage
- Yard
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- National Seating & Mobility
- Retailer
- 15,451 SF
- $600.00
- Triple Net
- Feb 2030
- Taylor and Parrish Inc.
- Retailer
- 4,435 SF
- $600.00
- Modified Gross
- Oct 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| National Seating & Mobility | Retailer | 15,451 SF | $600.00 | Triple Net | Feb 2030 | |
| Taylor and Parrish Inc. | Retailer | 4,435 SF | $600.00 | Modified Gross | Oct 2027 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 751-758-4898 | Improvements Assessment | $1,964,300 |
| Land Assessment | $587,000 | Total Assessment | $2,551,300 |
Property Taxes
Parcel Number
751-758-4898
Land Assessment
$587,000
Improvements Assessment
$1,964,300
Total Assessment
$2,551,300
Contacts
-
Hunter Kirby -
Stratton Greig -
Thomas Miller -
Austin Marsh -
Sands Investment Group Austin, LLC
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National Seating and Mobility Inc. & Taylor | 3941 Deep Rock Rd
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