New Construction Auto
For Sale
Contact for pricing
Pending
1008 Richmond Ave, Staunton, VA 24401
Automotive service facility occupied under a long-term absolute net lease with renewal options.
Property Size5,798 SF
Days on Market142
Property Features for 1008 Richmond Ave
General Information
Standard status
Pending
Size
5,798 SF
Property subtype
Retail
Building Details
Year Built
2024
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Kyle Blatt · License #CA 02017976
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
Completed in 2024, this 5,798-square-foot automotive service facility operates under the Firestone brand at 1008 Richmond Ave in Staunton, Virginia. The property is subject to a fifteen-year absolute net lease, with five additional five-year option periods.
Firestone is identified as a publicly traded company under NYSE:BRDCY and carries an investment grade “A” credit rating from Standard & Poor’s. The asset combines a recently built auto shop with a defined long-term lease structure and multiple extension options.
Firestone is identified as a publicly traded company under NYSE:BRDCY and carries an investment grade “A” credit rating from Standard & Poor’s. The asset combines a recently built auto shop with a defined long-term lease structure and multiple extension options.
Key Highlights
- 5,798‑square‑foot automotive service facility completed in 2024
- Firestone occupancy under a fifteen‑year absolute net lease
- Five additional five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
301k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Shops & Services 30%
Dining 12%
Groceries 12%
Walmart
Superstores
95,495 visits/mo
0.3 miles
Sheetz
Shops & Services
69,053 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
33,359 visits/mo
0.4 miles
Martin's Food Market
Groceries
27,108 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
17,327 visits/mo
0.3 miles
Demographics for 24401, VA
38,522
Population
18,056
Households
2.1
Avg Household Size
43
Median Age
32%
College-Educated
93%
High-School Grad
132.4 sq mi
ZIP Area
291
Density / Sq Mi
$63,746
Median Household Income
$41,412
Median Earnings
$1,002
Median Rent
$253,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Caliber Collision — 1310 Barterbrook Rd, Staunton, VA 24401
- NTB-National Tire & Battery — 1211 Greenville Ave, Staunton, VA 24401
- Mr. Tire Auto Service Centers — 907 Greenville Ave, Staunton, VA 24401
- Jiffy Lube — 911 Greenville Ave, Staunton, VA 24401
- Walmart Auto Care Centers — 1028 Richmond Rd, Staunton, VA 24401
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service facility occupied under a long-term absolute net lease with renewal options.
Where is this auto shop located?
The property is located at 1008 Richmond Ave Staunton, VA.
What are key features of this property?
This property features: 5,798‑square‑foot automotive service facility completed in 2024; Firestone occupancy under a fifteen‑year absolute net lease; Five additional five‑year renewal options
