3117 W Clay Street Richmond, VA 23230

Building Details

Year Built

1969

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Listed by 804 Real Estate, LLC Show Phone

Source 804realestate.idxbroker

Added: Jul 3 Updated: Jul 20 at 11:55PM Checked: Jul 20 at 11:55PM

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Investment Insights

Based on property information with market context.

This fully leased creative office property was renovated in 2020 and has been fully occupied with a stable tenant base since the renovation. Ownership indicates the leases are structured on an NNN basis, helping protect the new owner from increased cost or tax assessments.

Located in the heart of Scott’s Addition in Richmond, the property includes excellent parking, supporting convenient day-to-day access for tenants and visitors. The current ownership also notes that in-place rents may be below market for the location.

For investors seeking a turnkey, income-producing office asset, this offering combines recent renovations, ongoing occupancy, and NNN lease structure under a single ownership platform.

Key Highlights

• Fully leased creative office building in Richmond’s Scott’s Addition
• Renovated in 2020 and has been fully occupied with a stable tenant base since
• NNN leases in place for all tenants

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FAQs

What type of property is this?

Creative space - Renovated in 2020 and fully leased under NNN terms, with excellent parking in Richmond’s Scott’s Addition area.

Where is this creative space located?

The property is located at 3117 W Clay Street Richmond, VA.

What is the asking price?

The asking price for this property is $5,200,000.

What are key features of this property?

This property features: Fully leased creative office building in Richmond’s Scott’s Addition; Renovated in 2020 and has been fully occupied with a stable tenant base since; NNN leases in place for all tenants