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Property profile & analytics
FOR LEASE
Super regional malls

729 Richmond Ave Staunton, VA 24401

10,000 SF 2.17 ac lot Built 2005
Individually Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US87-2719098
729 Richmond Ave, Staunton, VA 24401 For Lease
$26.75 SF/Yr 1,200 SF available
729 Richmond Ave, Staunton, VA 24401
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Property summary
AI-generated overview

This exceptional 2,400 square foot traditional office space is available for lease at 729 Richmond Ave A-1 in Staunton, Virginia. Located in a high-traffic area with excellent visibility at a traffic light, this single-tenant property offers immediate access to major retailers and convenient highway access via I-81. The building, constructed in 2005, is part of a larger 10,000 square foot complex situated on a 2.005-acre lot. The property features a single-story design with B-2 zoning. The lease includes a base rent of $22.75 per square foot, subject to annual escalations of 3%. Estimated common area maintenance, taxes, and insurance (CAM, Tax, Ins) are $2.30 per square foot. This location boasts close proximity to a variety of popular businesses including Wal-Mart, Lowe's, Martin's Grocery, Sheetz, Chick-fil-A, Starbucks, and Chipotle, making it an ideal location for businesses seeking high visibility and convenient access to amenities and major transportation routes. The property is ready for immediate occupancy.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 10,000 SF
Lot 2.17 ac (94,612 SF)
Zoning code B2
APN 3929
UPID US87-2719098
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Amedisys Home Health Care Home Health Care Service
  • University Cleaners - Richmond Ave. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Julian Q Moffett · 10 yrs held
Julian Q Moffett
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
B2 · Staunton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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