3405 Commerce Rd Richmond, VA 23234
Call to check price and availability
Single-tenant, long-term lease investment opportunity with market annual increases.
Type:Industrial
Property size:
42,628 SFLot size:
3.46 Acres- Added:
- Jul 21, 2024
- Days on Market:
- 638
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 3405 Commerce Rd
General Information
- Standard status
- Active
- Size
- 42,628 SF
- Lot size
- 3.46 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1962
Listing agent Ken Campbell License #0226037201
Listing office One South Commercial (804) 353-0009
Listing date Jul 21, 2024
Source Crexi
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 One South Commercial
Overview
I-95 Visible Industrial Building
This single-tenant industrial building presents a long-term lease investment opportunity. The property is currently leased to Git The Trucking Commercial Tires, a commercial tire installation and road service company. The tenant has been in place for over a year. Previously, the conditioned one-story building was used for printing and direct mail. The building offers high visibility from I-95. The property encompasses approximately 41,396 square feet and features three loading docks, one drive-in door, and two levelers. It is equipped with 3 phase/240 V/3000-amp service. The property includes approximately 177 parking spaces on a 3.46-acre parcel. The industrial market in the Richmond area is strong, with healthy demand. Richmond's location at the intersection of I-95 and I-64 makes it a distribution location for the East Coast. The property operates under a Triple Net Lease structure, with the tenant responsible for real estate taxes, building insurance, utilities, and maintenance. The property size is 42,628 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
CC Staffing service
Employment Agency
Git The Trucking Commercial ...
(Bike/Boat/Book/etc) Store
69 Chosen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4305553
- Latitude
- 37.4761994
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FAQs
What type of property is this?
Truck terminal - Single-tenant, long-term lease investment opportunity with market annual increases.
Where is this truck terminal located?
The property is located at 3405 Commerce Rd Richmond, VA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Strong cash flow investment property with market annual increases.; Long‑term lease in place with Git The Trucking Commercial Tires.; Highly visible location with I‑95 frontage.
