Property profile

2006 2Nd St Richlands, VA 24641

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,500 square foot retail space is located at 2006 2nd Street in Richlands, Virginia, zip code 24641. The property is a single-tenant building situated within the established Richlands Towne Center, a 37,000 square foot shopping destination in downtown Richlands. Established in 1980, this center enjoys high visibility and significant foot traffic due to its strong tenant mix and proximity to complementary businesses. Current tenants include Advance Auto, Rent-A-Center, a laundromat, and a gym. The center benefits from the additional traffic generated by nearby Hardee's and a popular car wash. This prime location offers an excellent opportunity for businesses seeking high visibility and access to a substantial customer base in a well-established and thriving retail environment. The property is classified as both Retail and Land, offering potential for various commercial uses. The property's address is easily accessible and situated within a bustling commercial area, ensuring maximum exposure for your business. This is a rare opportunity to secure a space in one of Richlands' most sought-after retail centers.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2006 2Nd St Richlands, VA 24641
Richlands metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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