4105 S Laburnum Ave
Richmond, VA 23231
Retail Property For Sale

Located on S Laburnum Ave and exit 195A of I-64, this property sits on one of the busiest stretches of roads in Henrico County. In 2018, VDOT estimated that 26,000 vehicles on average traveled past this convenience market and Citgo service station on a daily basis. This traffic includes both local traffic and travelers exiting I-64 for services. Directly adjacent to exit 195A, the property is the first available service station off westbound I-64 and perfectly situated to serve both local customers and motorists transiting on the interstate. Additionally, 4105 S Laburnum Ave is located in between two of the area’s most visited shopping centers. White Oak Village is just south of the property on S Laburnum Ave and features over 955,000 square feet of shops and restaurants including JCPenney, Chick-Fil-A, Longhorn Steakhouse, and Lowe’s. Eastgate Town Center with the Walmart Supercenter, Wells Fargo, and Planet Fitness is located north at the intersection of Laburnum Ave and Nine Mile Rd. 4105 S Laburnum Ave features eight fuel pumps on four islands under a 2,592 square feet weather canopy. A 2,133 square feet building contains the convenience market and registers. The long-term tenant is currently on a 10-year lease that is valid through July 2021. The building also features a drive-thru window (formerly a Blimpie’s location) accessible via a dedicated drive aisle at the rear of the property. This feature allows the option to locate fast food services on the property for additional revenue generation. A new Verisco Roof on the building with a 15-year manufacturer’s warranty was installed in 2012. Fuel is stored in two 10,000 gallon STI-P3 steel underground tanks with the mid-grade product blended. Its excellent location and stable revenue generation make this listing perfect for an investor or owner/operator looking for an opportunity in this growing market.