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3941 Deep Rock Rd
Richmond, VA 23233

$3,800,000 USD

Light Manufacturing For Sale  •  22,447 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 22,447 SF
  • Lot Size 2.84 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 7.41 %
  • Tenancy Multiple
30 Transit Score
50 Walk Score

Highlights

National Seating & Mobility is a leader in the healthcare industry with over 200 locations across North America and occupies 80% of the property.
Both tenants have been at the site for over 5 years and have recently extended their leases.
This deal provides a 2.5% annual increase in rent from both tenants.
Rare opportunity to acquire an infill industrial asset in the Henrico-Richmond submarket.
Located directly between I-64 and Highway 250, this site also provides two entry points off Deep Rock Road, offering drivers easy.
This property is currently occupied by two tenants, offering diversification compared to a purely single-tenant asset.
Cap Rate: 7.41 %

Major Tenants

Tenant SF Occupied Lease End Date
National Seating & Mobility 18,012 SF 2/28/2030
Taylor and Parrish Inc. 4,435 SF 10/30/2027

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.4 mi
AirportDriveWalkDistance
Richmond International 32 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC