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    2940 Clinch St Richlands, VA 24641

    Sponsored
    For Lease
    $5 SF/Yr

    Prime Retail Space, High Visibility

    Lot size:
    129,433 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, Unit C at 2940 Clinch Street in Richlands, Virginia, offers 8,600 square feet of versatile commercial space within a larger 129,433 square foot building situated on a 43,815 square foot lot (APN: 105A407 0023-0033, Tazewell County). Its prime location, directly between major retailers and highly visible from busy Route 460, ensures significant foot traffic and exposure. The space is adaptable to various retail layouts, potentially ranging from approximately 7,085 to over 15,255 square feet, as shown in available concept plans. Sharing an awning with CVS at the main entrance further enhances visibility and brand association. Ideal for a wide range of retail businesses, this space offers ample opportunity for customized storefront design, including prominent signage on the front awning and potential for pylon signage. To further support tenant success, the landlord is offering rent abatement to offset build-out costs, allowing businesses to create a space perfectly tailored to their needs. This presents a unique opportunity for businesses to establish a strong presence in a thriving commercial area of Richlands, Virginia (zip code 24641). The property is a single-tenant space within a larger commercial building.

    Property Features for 2940 Clinch St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    129,433 SF
    Total Rate
    56626.94

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,600 SF
    Rate per SF
    $5
    Property Profile Location Intelligence

    Current Use by Public Records

    Sandees Sassy Scissors Beauty Salon CVS Photo Passport Photo Processor Subway Sandwich Shop CVS Pharmacy Pharmacy CDReload at CVS Crypto Atm

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richlands
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.8215823
    Latitude
    37.0927296

    Nearby Comparable

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    Nearby Similar for Lease

    • $4 SF/Yr
      129,433 SF

      Richlands Fitness Space For Lease

      8,600 SF Retail Space - Prime Location
      2940 Clinch St, Richlands, VA 24641
      View Details
    • $6 SF/Yr
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      Prime Retail Space on Front

      2,289 SF retail space on Richlands' busiest street.
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      View Details
    • $12 SF/Yr
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      Retail Space in Richlands Towne

      Retail space available in a thriving shopping center.
      2000-2010 2Nd St, Richlands, VA 24641
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    • $8 SF/Yr
      1,200 SF

      Retail Space in Richlands, VA

      1,200 SF retail space with high foot traffic.
      114-180 Kents Ridge Rd, Richlands, VA 24641
      View Details
    • $8 SF/Yr
      1,200 SF

      Office Space for Rent

      Office space available for rent in Richlands, Virginia.
      1517 Front St, Richlands, VA 24641
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility
    Where is this retail property located?
    The property is located at 2940 Clinch St Richlands, VA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    Request Owner's contact information
    2940 Clinch St Richlands, VA 24641
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    Richlands, VA 24641
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2940 Clinch St Richlands, VA 24641
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