3605 Hopkins Rd Richmond, VA 23224-6610
- Auto shops
- 3,100 SF
- 1.66 lot acres
Current Use by Public Records
- Central Transport / Trucking Company / Shipping Service
Property Details for 3605 Hopkins Rd
- Year built
- 1959
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.66 lot acres
- Property size
- 3,100 SF
- Zone code
- M-1 LIGHT INDUSTRIAL
- Property type
- Auto shops
- APN
- S-007-1016-012
- APU
- S0071016012
Description
This fee-simple industrial distribution center, located at 3605 N Hopkins Rd, Richmond, VA 23234, offers 21,330 square feet on a 4.95-acre lot. Currently 100% occupied by Central Transport under a triple-net (NN) lease commencing December 31, 2023, and expiring April 30, 2027, with 3% annual rent bumps. The property features 42 loading docks, providing exceptional capacity. The building is divided into a 16,030 square foot terminal area designed for high-volume cargo handling, a 3,200 square foot shop area for maintenance and repair, and 2,100 square feet of office space. This prime Richmond location offers strategic access and ample space for efficient distribution operations, making it an ideal income-generating asset. The property's strong tenant and lease terms present a compelling investment opportunity in a high-demand market. This is a single-tenant property with a proven track record.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4578
- Latitude
- 37.5027
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
