Search
24-Hour Gas Station
For Sale
Contact for pricing

6824 Forest Hill Ave, Richmond, VA 23225

NNN lease structure with no landlord responsibilities and a tenant rated S&P A.

Property Size2,160 SF
Price / SF$1,708
Days on Market230

Property Features for 6824 Forest Hill Ave

General Information

Standard status Active
Size 2,160 SF
Property subtype RETAIL

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Fuel Pumps 8
Listing Agency: The Boulder Group - Corporate
Listed By: Randy Blankstein · License #471005983
Source: Moodyscre
Added: Jan 12 Changed: Aug 30 Last Checked: Aug 30 at 7:55PM

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 The Boulder Group - Corporate

Investment Insights

Based on property information with market context.

This 2,160-square-foot gas station operates around the clock with eight pumps. The property is subject to a NNN lease with no landlord responsibilities, more than 10 years remaining in the primary term, and 10% rental escalations throughout that term. The tenant has an S&P A rating.

The station occupies a signalized intersection on Forest Hill Avenue generating 30,000 VPD. Powhite Parkway and Chippenham Parkway are nearby, with reported traffic volumes of 86,000 VPD and 82,000 VPD, respectively. The property is across from Food Lion and near Target, Lowe’s, Walmart, Publix, ALDI, Chick-fil-A, Starbucks, and McDonald’s.

The surrounding area includes more than 244,000 residents within five miles, while average household income within three miles exceeds $134,000. The property is located within the Richmond MSA.

Key Highlights

  • 2,160‑square‑foot gas station with 8 pumps and 24‑hour operations
  • NNN lease with no landlord responsibilities
  • More than 10 years remaining in the primary term

Property Analytics

Current Use

7-Eleven Grocery & Convenience Store Amazon Locker - Tanker Postal Service Western Union Bank ATM 7-Eleven Inc. Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Spa & Massage Center

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

30,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 23225, VA

40,876
Population
21,545
Households
1.9
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
2,941
Density / Sq Mi
$60,865
Median Household Income
$43,550
Median Earnings
$1,311
Median Rent
$292,800
Median Home Value

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019
7.5% 2020
7% 2021
5.2% 2022
4.2% 2023
4.9% 2024
5.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Gas station - NNN lease structure with no landlord responsibilities and a tenant rated S&P A.
Where is this gas station located?
The property is located at 6824 Forest Hill Ave Richmond, VA.
What is the asking price?
The asking price for this property is $3,689,459.
What are key features of this property?
This property features: 2,160‑square‑foot gas station with 8 pumps and 24‑hour operations; NNN lease with no landlord responsibilities; More than 10 years remaining in the primary term
(847) 562-0003 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message