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Strickland Brothers NNN Lease Property
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1860 Stoneridge Commerce Dr, Powhatan, VA

Corporately guaranteed Strickland Brothers with 14+ years remaining.

Property Size1,735 SF
Lot Size3.58 Acres
Price / SF$1,397
Days on Market464

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
Listed By: Brian Brockman · License #BR691523000
Source: Moodyscre
Added: May 26, 2025 Changed: Aug 11 Last Checked: Aug 31 at 2:09AM

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

Current Use

Auto shops

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Bakery Nail Salon Pet Grooming Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • DRP Collision 3749 Anderson Hwy Suite B, Powhatan, VA 23139
  • Dwayne's Automotive 3776 Anderson Hwy, Powhatan, VA 23139
  • Powers Performance 3776 Anderson Hwy Ste 4, Powhatan, VA 23139
  • AAlways Hookin' Tire Shop LLC 3776 Anderson Hwy Ste 4, Powhatan, VA 23139
  • Baldwin Auto Services 3980 Anderson Hwy, Powhatan, VA 23139

Frequently Asked Questions

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
(972) 921-8464 Call to check price and availability
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