Strickland Brothers NNN Lease
1860 Stoneridge Commerce Dr Powhatan, VA
1860 Stoneridge Commerce Dr, Powhatan, VA, 00000
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For Sale
Contact for pricing
Corporately guaranteed Strickland Brothers with 14+ years remaining.
Property Size1,735 SF
Lot Size3.58 Acres
Price / SF$1,397
Days on Market418
Property Features for 1860 Stoneridge Commerce Dr
General Information
- Standard status
- Active
- Size
- 1,735 SF
- Lot size
- 3.58 Acres
- Property subtype
- RETAIL
Listing Agency
Trinity Real Estate Investment Services - Corporate
(972) 921-8464
Listed by
Brian Brockman · License #701472
(513) 898-1551
Source
Moodyscre
Added: May 26, 2025 Checked: Jul 17 at 5:49 am
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 Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Corporately Guaranteed Strickland Brothers Lease With 14+ Years Remaining
- Absolute NNN Lease With Zero Landlord Responsibilities
- Enjoy 10% Rental Increase Every 5 Years
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Indigo Auto Care LLC — 1757-A Anderson Hwy, Powhatan, VA 23139
- County Line Tire — 1922 Anderson Hwy, Powhatan, VA 23139
- Strickland Brothers 10 Minute Oil Change — 1890 Stoneridge Commerce Dr, Powhatan, VA 23139
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