4101 Williamsburg Rd | Richmond, VA 23231
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- LoopNet Team
4101 Williamsburg Rd
Richmond, VA 23231
Pet Paradise | 7% Cap | 18 Yr Abs NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- HIGH CALIBER OPERATOR: Pet Paradise is a comprehensive pet health care provider with 63 locations across 11 states.
- CLASS “A” REAL ESTATE: The property was recently constructed in 2022 and offers investors an investment with significant curb appeal.
- FAVORABLE DEMOGRAPHICS: The Richmond metro area has a population of over 1.3 million.
- LONG-TERM ABSOLUTE NNN LEASE: The operator is on a long-term absolute NNN lease of over 18 years which minimizes roll over risk
- HEDGE AGAINST INFLATION: The lease includes 2% annual rental increases, ensuring consistent revenue growth and protection against inflation.
- POPULATION GROWTH: Richmond has experienced consistent population growth, aligning with the overall expansion of the metro area.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,605 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.71 AC
Zoning
M-1 - Light Industrial
Parking
28 Spaces (1.79 Spaces per 1,000 SF Leased)
AMENITIES
- Pool
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 814-713-4089 | Improvements Assessment | $2,517,500 |
| Land Assessment | $208,300 | Total Assessment | $2,725,800 |
PROPERTY TAXES
Parcel Number
814-713-4089
Land Assessment
$208,300
Improvements Assessment
$2,517,500
Total Assessment
$2,725,800
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