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421 E Laburnum Ave
Richmond, VA 23222
 Family Dollar · Retail Property For Sale

Retail Buildings Virginia Richmond 421 E Laburnum Ave, Richmond, VA 23222

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INVESTMENT HIGHLIGHTS

  • Strong traffic count
  • abundant parking
  • Great visibility and access from Laburnum Ave

EXECUTIVE SUMMARY

NN Lease
Family Dollar Corporate Lease – NASDAQ: DLTR
Credit Rating: S&P: BBB-, Moody’s: Baa2

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2005
Price
$1,810,160
Price Per SF
$226.27
Cap Rate
6.25%
NOI
$113,135
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.71 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B1 - General Business District
Parking
24 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
229’ on E Laburnum Ave

AMENITIES

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Air Conditioning

LINKS

PROPERTY TAXES

Parcel Number 794-738-0040 Improvements Assessment $860,300
Land Assessment $180,200 Total Assessment $1,040,500

PROPERTY TAXES

Parcel Number
794-738-0040
Land Assessment
$180,200
Improvements Assessment
$860,300
Total Assessment
$1,040,500
 

  • Listing ID: 24346220

  • Date on Market: 10/22/2021

  • Last Updated:

  • Address: 421 E Laburnum Ave, Richmond, VA 23222

More public record information on 421 E Laburnum Ave, Richmond, VA 23222

The Retail Property at 421 E Laburnum Ave, Richmond, VA 23222 is currently available for Sale. Contact The Palomar Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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