10073 Brk Rd Glen Allen, VA 23059
This exceptional investment opportunity presents a 5,771 square foot restaurant situated on a 1.38-acre lot in Glen Allen, Virginia. The property, located at 10073 Brook Road, zip code 23059, boasts a desirable B3-C zoning classification. Built in 2003, this single-story building offers a single tenancy and presents a compelling 5.20% cap rate at an asking price of $2,500,000. The property benefits from its strategic location, positioned as an outparcel between Regal Cinemas and a significant new development: the Henrico County Sports Complex. Scheduled for completion in September 2023, this complex will feature 12 basketball courts, 24 volleyball courts, gymnastics facilities, and seating for up to 4,500. Further enhancing the area's appeal are plans for two hotels and new residential housing at the former mall site. This prime location offers exceptional growth potential, making it an attractive investment for discerning buyers seeking a high-return restaurant property in a rapidly developing area. The property's existing infrastructure and prime location within Henrico County provide a solid foundation for continued success and future expansion. This is a rare opportunity to acquire a well-established restaurant in a high-growth area with significant future development.
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Pho Que Huong Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3C · Glen Allen, VAGlen Allen. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.