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Absolute NNN Property
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4306 S Laburnum Ave, Richmond, VA 23231

The property carries an absolute NNN lease with mandatory sales reporting provisions.

Property SizeContact for details
Days on Market142

Property Features for 4306 S Laburnum Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 7.5%

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - San Francisco
Listed By: Bill Schofield · License #CA 01239109
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:52PM

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 Marcus & Millichap - San Francisco

Investment Insights

Based on property information with market context.

Located at 4306 S Laburnum Ave in Richmond, Virginia, this NNN property is leased on an absolute NNN basis with approximately 14 years remaining. The lease includes a mandatory sales reporting component and provides a personal guarantee from Juicy Crab Co-Founder Leo Chen.

The lease reflects a 7.50% average cap rate through the initial lease term. The named tenant is The Juicy Crab, and the property is offered for sale as a specialty NNN asset.

Key Highlights

  • Approximately 14 years remaining on the absolute NNN lease
  • 7.50% average cap rate through the initial lease term
  • Personal guarantee from Juicy Crab Co‑Founder Leo Chen

Property Analytics

Current Use

NNN properties

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Dental Office

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 23231, VA

37,455
Population
17,028
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
88.2 sq mi
ZIP Area
425
Density / Sq Mi
$74,245
Median Household Income
$43,315
Median Earnings
$1,272
Median Rent
$270,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - The property carries an absolute NNN lease with mandatory sales reporting provisions.
Where is this nnn property located?
The property is located at 4306 S Laburnum Ave Richmond, VA.
What are key features of this property?
This property features: Approximately 14 years remaining on the absolute NNN lease; 7.50% average cap rate through the initial lease term; Personal guarantee from Juicy Crab Co‑Founder Leo Chen
(415) 625-2136 Call to check price and availability
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