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1860 Stoneridge Commerce Dr Powhatan, VA

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For Sale
$2,425,200

Corporately guaranteed Strickland Brothers with 14+ years remaining.

Property size:
1,735 SF
Lot size:
3.58 Acres

Property Features for 1860 Stoneridge Commerce Dr

General Information

Size
1,735 SF
Lot size
3.58 Acres

Source: Trinity Real Estate Investment Services - Corporate Agent Steelman Juarez

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


Overview

Strickland Brothers NNN Lease Property

This property is corporately guaranteed by Strickland Brothers, with over 14 years remaining in the primary term. The absolute NNN lease structure assigns zero landlord responsibilities. The lease includes a 10% rental increase every 5 years throughout the primary term and option periods. Located adjacent to a Walmart Supercenter, the property benefits from proximity to retailers such as Dollar Tree, Goodwill, Burger King, and AutoZone. It offers excellent visibility on Anderson Highway, which sees approximately 35,000 vehicles daily. The surrounding area has a rapidly growing population within a 5-mile radius, with a 51.80% growth rate from 2010 to 2024 and an average household income exceeding $174,000. Founded in 2016, Strickland Brothers currently operates approximately 250+ locations. The property is suitable for auto shops, automotive retail, NNN properties, and specialty retail.
Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

Similar Places Nearby

Indigo Auto Care LLC, County Line Tire, Strickland Brothers 10 Minute Oil Change

Location Insight

  • Map
  • Local Demand
City
Powhatan
County
Powhatan
State
Virginia
Longitude
-77.9188889
Latitude
37.5420482

FAQs

What type of property is this?
Auto shop - Corporately guaranteed Strickland Brothers with 14+ years remaining.
Where is this auto shop located?
The property is located at 1860 Stoneridge Commerce Dr Powhatan, VA.
What is the asking price?
The asking price for this property is $2,425,200.
What are key features of this property?
This property features: - Corporately Guaranteed Strickland Brothers Lease With 14+ Years Remaining; - Absolute NNN Lease With Zero Landlord Responsibilities; - Enjoy 10% Rental Increase Every 5 Years
More about this property
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