2211 Dickens Rd - Office FOR SALE


Richmond, VA 23230
$2,300,000 USD
804-266-8831
2211 Dickens Rd, Richmond, VA for Sale
$2,300,000 USD
Office - FOR SALE
1/30
null | Request Cap Rate

2211 Dickens Rd
Richmond, VA 23230


HIGHLIGHTS

  • B-2 zoning
  • 70 parking spaces
  • Fantastic location
  • 20,000 SF
  • 1972 construction, addition in 1979

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B-2

APN/PARCEL ID

769-743-9164

ASK ABOUT THIS PROPERTY

Tom RosmanOne South CommercialMore Info
804-266-8831

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Tom RosmanOne South CommercialMore Info
804-266-8831

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