This Retail Property is no longer advertised on LoopNet.com.

1420 N Parham Rd
Richmond, VA 23229

Panera & PenFed Realty · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Retail
Building Size
6,554 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.63 AC
Zoning
B-3

ABOUT 1420 N PARHAM RD , RICHMOND, VA 23229

Conveniently located less than two miles from Interstate 64, the assets benefit from a central location between the MSA’s downtown business district and affluent West End neighborhoods. Weighted average lease term among all tenants is 14.0 years with 10% rent escalations every five years providing future ownership passive, secure and increasing cash flow. The Property is located within a designated Opportunity Zone and the assets have not yet been placed into service. Investors are encouraged to speak with their tax advisor to determine if the benefits associated with this program can be applied on this transaction.

PROPERTY TAXES

  • Listing ID: 15577359

  • Date on Market: 3/29/2019

  • Last Updated:

  • Address: 1420 N Parham Rd, Richmond, VA 23229