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4467 S Laburnum Ave
Richmond, VA 23231

$2,035,891 USD

Restaurant For Sale  •  7,391 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 7,391 SF
  • Lot Size 1.68 AC
  • Building Class B
  • Year Built 2010
  • Tenancy Single
  • Zoning B-3C
0 Transit Score
65 Walk Score

Highlights

Absolute NNN ground lease with no landlord responsibilities for a truly passive investment.
1.5% annual rent increases provide consistent income growth and inflation protection.
In-place rent of $14.79/SF is well below market, offering long-term upside.
Tenant has operated at this location for over 15 years with 23,681 monthly visits.
Lease guaranteed by Darden Restaurants (NYSE: DRI), investment-grade BBB credit.
±5 years remaining on primary term plus five 5-year renewal options for income continuity.

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
10 min - 5.9 mi
AirportDriveWalkDistance
Richmond International 9 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Josh Ein 301-233-4713 Matthews Real Estate Investment Services
Josh Ein 301-233-4713 Matthews Real Estate Investment Services