[SOLD!] Stable, long-term tenant with an 8.64% cap rate!

Sold

Highlights

  • Zoned B-3
  • Same tenant for the past 14+ years
  • NNN lease in place
  • $3,200/month plus taxes & insurance paid by tenant
  • 8.64% cap rate
This is a solid, single story building that has plenty of parking in the front and rear.
Former bank building on a highly visible, corner location on a recently redone part of Midlothian Turnpike with very heavy traffic.
Price:$390,000
Address:6201 Midlothian Tpk
City:Richmond
State:VA
Zip Code:23225
Year Built:1973
Floors:1
Square Feet:2,561
Lot Square Feet:29,621

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