For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1301 N Laburnum Ave Richmond, VA 23223

For Sale
$7,355,891

3,440 SF retail building in Richmond, VA for sale.

Property size:
3,440 SF

Property Features for 1301 N Laburnum Ave

General Information

Size
3,440 SF

Source: Cody Stambaugh Agent Cody Stambaugh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Richmond Retail Building For Sale

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

PNC ATM Atm Exxon Gas Station 7-Eleven Convenience Store PNC Bank ATM Atm Western Union Money Transfer Service

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.375296
Latitude
37.5620354

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 Ave 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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message