2061 Huguenot Rd North Chesterfield, VA 23235-4306
This exceptional investment opportunity presents a fully-leased, three-tenant retail strip center totaling 6,565 square feet, situated on a 0.834-acre lot at 2061 Huguenot Road in Richmond, Virginia. The property, built in 1997 and renovated in 2020, boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $183,698 and a 6.50% cap rate. The asking price is $2,826,130, translating to $430.48 per square foot. Tenants include Maple Street Biscuit Company (with a corporate guaranty from Cracker Barrel Old Country Store Inc.), Fusion Bowl, and Hot Yoga Barre. This single-story building benefits from excellent visibility at a signalized corner, positioned as an outparcel to a Publix-anchored shopping center. The location enjoys high traffic counts on Huguenot Road (33,000 vehicles per day) and Robious Road (18,000 vehicles per day), serving the affluent Midlothian suburb of Richmond. Nearby prominent retailers include Starbucks, Outback Steakhouse, and Sheetz, further enhancing the property's desirability. The property's location within a high-income area, with average household incomes exceeding $150,000 within a three-mile radius, ensures a stable and lucrative investment. The property is offered fee simple. The APN is 740714536700000. This is a rare opportunity to acquire a high-performing retail asset in a prime location.
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Maple Street Biscuit Company Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C3 - COMMUNITY BUS DIST · North Chesterfield, VANorth Chesterfield. 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.