Richmond, VA 23233

AutoZone Ground Lease

Property Address

2150 John Rolfe Parkway, Richmond, VA, USA

Offering Summary

  • Price: $1,043,100
  • Lot Size: 1.02 Acres
  • Cap Rate: 4.65%
  • Year Built: 2020
  • Building SF: 6,816
  • Status: In Escrow
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  • Brand New 20-Year Absolute Triple-Net Corporate Ground Lease
  • 8% Rental Increases Every 5 Years
  • 140,372 Residents in Growing Trade Area - Infill Richmond
  • New 2019/2020 Construction
  • Outparcel to Publix Super Market
  • Households Projected to Increase 7%+ in Immediate Area by 2023
  • Average Household Income Exceeds $129K within a 5-Mile Radius
  • Directly Across from the Brand New Ridgefield Green Townhomes (66 Units)
  • Less Than 3 Miles Off the I-64, a Major Connector Throughout the State of Virginia
  • 10 Minutes to Short Pump Town Center, an Open-Air Shopping Mall Anchored by Dick’s Sporting Goods, Dillard’s, Macy’s, and Nordstrom

Broker Information