Absolute NNN Specialty Retail
For Sale
Contact for pricing
9855 W Broad St, Glen Allen, VA 23060
Absolute NNN lease with a 12-year initial term through April 30, 2030, featuring rent increases during the lease term.
Property SizeContact for details
Days on Market123
Property Features for 9855 W Broad St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Palomar Real Estate Group
Listed By:
Steve Collins · License #GA 317459
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 4:02AM
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 Palomar Real Estate Group
Investment Insights
Based on property information with market context.
This absolute NNN net-leased specialty retail property is currently operated by Northern Tool, selling light industrial equipment and do-it-yourself supplies. The lease includes a 12-year initial term through 4/30/2030, with a 10% rent increase at year 7 during the initial term.
The lease also provides two additional 5-year options with $9,000 rent escalations in the options. Public remarks indicate no rent relief was requested throughout 2020. The property is located at 9855 W Broad St in Glen Allen, VA 23060.
The lease also provides two additional 5-year options with $9,000 rent escalations in the options. Public remarks indicate no rent relief was requested throughout 2020. The property is located at 9855 W Broad St in Glen Allen, VA 23060.
Key Highlights
- Absolute NNN lease with a 12‑year initial term through April 30, 2030
- Rent increases during the initial term, including a 10% rent increase at year 7
- Lease includes two 5‑year options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
Explore this area
Business Placement
Demographics for 23060, VA
38,288
Population
14,678
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
95%
High-School Grad
15.2 sq mi
ZIP Area
2,519
Density / Sq Mi
$106,685
Median Household Income
$57,492
Median Earnings
$1,696
Median Rent
$384,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease with a 12-year initial term through April 30, 2030, featuring rent increases during the lease term.
Where is this nnn property located?
The property is located at 9855 W Broad St Glen Allen, VA.
What are key features of this property?
This property features: Absolute NNN lease with a 12‑year initial term through April 30, 2030; Rent increases during the initial term, including a 10% rent increase at year 7; Lease includes two 5‑year options
