Corner located building along Lombardy Street and corner of Brook Road, within an area of high development, great access and possible location for redevelopment. The parcel is zoned B-3 and is 3 minutes from I-64 and I-95, across from Virginia Union University, and 5 minutes from VCU campus.
Highlights
Directly across from Virginia Union University - 2200 students
1400t new apartments less than a half mile from facility
New zoning with increased density
A part of the City's Master Plan for more foot traffic and bike lanes
Facility is located in an Enterprise Zone, CARE Program Zone, and is one block away from an
Opportunity Zone Fund - which allows for great support and investment opportunities
The property is located in a enterprise zone and opportunity zone.
Tenant 1 - one year Gross lease - $7200 annual rental
Tenant 2 - one year Gross lease- $4800 annual rental
Tenant 3 - one year Gross lease- $12,000 annual rental
Tenant 4 - month to month Gross lease - $40,600 annual rental
Vacant unit - potential Gross lease - $43,000 annual rental