Net Lease Retail
For Lease
Contact for pricing
1600 Altamont Ave, Richmond, VA 23230
Absolute net retail storefront with landlord rebilling taxes and insurance, plus CAM self-performed.
Space Size7,200 SF
Days on Market773
Property Features for 1600 Altamont Ave
General Information
Standard status
Active
Size
7,200 SF
Property subtype
RETAIL
Spaces For Lease
at 1600 Altamont Ave Contact us- Floor
- Bldg
- Size
- 7,200 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
1600 Altamont Ave $19/SF/Yr
- Absolute Net. CAM self performed. Landlord will rebill
taxes/insurance to Tenant;...
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Contact us
Listing Agency:
Segall Group
(410) 753-3000
Listed By:
Jamie Lanham · License #21231
(410) 336-0138
Source:
Moodyscre
Added: Aug 1, 2024
Changed: Aug 8
Last Checked: Sep 12 at 8:03AM
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 Segall Group
Investment Insights
Based on property information with market context.
This absolute net retail storefront is available for rent and totals 7,200 square feet. The tenant is responsible for CAM, with CAM self-performed by the landlord under the net structure. The landlord will also rebill taxes and insurance to the tenant.
The property is located at 1600 Altamont Ave in Richmond, Virginia. For reference, the 2024 tax bill is $21,816.
The offering is structured as an absolute net lease, with operational expenses handled through CAM allocation and landlord rebilling of taxes and insurance to the tenant.
The property is located at 1600 Altamont Ave in Richmond, Virginia. For reference, the 2024 tax bill is $21,816.
The offering is structured as an absolute net lease, with operational expenses handled through CAM allocation and landlord rebilling of taxes and insurance to the tenant.
Key Highlights
- Absolute net retail storefront with CAM self‑performed
- Landlord will rebill taxes and insurance to the tenant
- 2024 tax bill is $21,816
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,923
Businesses Nearby
Explore this area
Business Placement
Demographics for 23230, VA
8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Richmond, VA
$16.55 /SF/Yr
Avg Asking Price
$1.21–$30.99 /SF/Yr
Price Range
7,673 SF
Avg Space Size
This space is priced 15% above the average of $16.55 /SF/Yr.
Vacancy Rate% for Retail in Richmond, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Absolute net retail storefront with landlord rebilling taxes and insurance, plus CAM self-performed.
Where is this retail space located?
The property is located at 1600 Altamont Ave Richmond, VA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Absolute net retail storefront with CAM self‑performed; Landlord will rebill taxes and insurance to the tenant; 2024 tax bill is $21,816
