2211 Dickens Rd
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2211 Dickens Rd
20,000 SF 86% Leased Office Building Richmond, VA 23230 $2,300,000 ($115/SF)
Investment Highlights
- B-2 zoning
- Fantastic location
- 1972 construction, addition in 1979
- 70 parking spaces
- 20,000 SF
Executive Summary
2211 DICKENS ROAD OFFERS AN INVESTOR OR OWNER OCCUPANT AN IDEAL LOCATION IN THE HEART OF METRO RICHMOND. The building is currently 100% leased to short term tenants with rents that are significantly below market giving an investor the opportunity to achieve strong returns in the short term by raising rents and ultimately redevelop or renovate in the long term to take advantage of the Genworth headquarters redevelopment across the street. The property has a strong rental history and is occupied by a diverse roster of businesses. Demand in the Richmond area is extremely strong for these smaller office and flex spaces. This is also a great opportunity for an owner occupant to control their destiny while receiving rental income from other tenants. The mid-century style building is approximately 20,000 square feet with an all brick façade and black glass windows. The property enjoys plentiful off- street parking for tenants and guests. The location is on Dickens Road one block off West Broad Street and one-half mile from the Interstate 64 interchange. The property sits right across the street from the former Genworth headquarters which is in the process of being redeveloped as a mixed-use destination by Greenberg Gibbons.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
20,000 SF
Building Class
B
Year Built
1972
Price
$2,300,000
Price Per SF
$115
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,683 SF
Slab To Slab
11’
Building FAR
0.50
Lot Size
0.91 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
70 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Versatile office space with 8 private office located on the second level.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,400-2,800 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 1,400-2,800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 1,400-2,800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Versatile office space with 8 private office located on the second level.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,277,300 | |
| Land Assessment | $271,400 | Total Assessment | $1,548,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$271,400
Improvements Assessment
$1,277,300
Total Assessment
$1,548,700
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2211 Dickens Rd
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