1301 N Laburnum Avenue Richmond, VA 23223

Listing agency Pinnacle Real Estate Advisors C***@pinnaclerea.com Show Phone

Listed by Cody Stambaugh · License #CO #100039158 Show Phone

Source Pinnaclerea

Added: Nov 21, 2025 Updated: Jul 6 at 8:36AM Checked: Jul 19 at 4:07AM

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Investment Insights

Based on property information with market context.

Located at 1301 N. Laburnum Avenue, Richmond, Virginia, this property features a 3,440-square-foot retail building. Constructed in 2019, the property has over 13 years remaining on its initial lease term. It is situated on the hard corner of North Laburnum Avenue and Creighton Road, within a main retail corridor with tenants such as CVS, Family Dollar, Dollar Tree, Jiffy Lube, Extra Space Storage, and Citgo. The property is an absolute net leased 7-Eleven. The tenant, 7-Eleven Corporate, has an investment grade credit rating (S&P: AA-). The lease includes ten percent (10%) rental increases every five years, with the next increase scheduled for 2024. There are four (4), five (5)-year tenant renewal options.

Key Highlights

• Absolute net leased 7‑Eleven (S&P: AA- investment grade credit)
• Newer construction (2019) with 13+ years remaining on initial lease term
• Located on hard corner of North Laburnum Avenue and Creighton Road

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FAQs

What type of property is this?

Grocery and convenience store - 3,440 SF retail building in Richmond, VA for sale.

Where is this grocery and convenience store located?

The property is located at 1301 N Laburnum Avenue Richmond, VA.

What is the asking price?

The asking price for this property is $7,355,891.

What are key features of this property?

This property features: Absolute net leased 7‑Eleven (S&P: AA- investment grade credit); Newer construction (2019) with 13+ years remaining on initial lease term; Located on hard corner of North Laburnum Avenue and Creighton Road