605 N Courthouse Rd - Office/Residential FOR SALE


Richmond, VA 23236
$5,750,000 USD
571-332-1261
605 N Courthouse Rd, Richmond, VA for Sale
$5,750,000 USD
Office/Residential - FOR SALE
1/39
null | 5.94% Cap Rate

605 N Courthouse Rd
Richmond, VA 23236


OVERVIEW

High-Income Windsor Executive Center Portfolio on N Courthouse Rd – Chesterfield, VA Unlock the potential of this premier real estate portfolio, featuring five strategically located properties at 605, 611, 701, 703, and 713 N Courthouse Rd in Chesterfield, Virginia. Currently generating over $341,000 in net revenue, this portfolio offers commercial opportunities with additional growth potential. Property Overview: This portfolio includes: • 605 & 611 N Courthouse Rd: Nearly identical office buildings with lower levels divided into office suites. Upper levels are individual office rentals. Both buildings are fully equipped with modern amenities such as high-speed fiber internet, 24/7 access, air conditioning, and on-site parking. Together, these properties provide a significant rental income with the potential for an additional $122,000 in annual revenue from the individual office suites. • 701 N Courthouse Rd: This 4,380 sq. feet is a turnkey investment opportunity , boasting 100% occupancy with reliable, long-term tenants. Recent exterior renovations have enhanced its curb appeal, ensuring a modern and professional image. • 703 N Courthouse Rd: This 5,776 sq. ft. office building is an outstanding investment property with a secure, long term tenant on a recently signed five-year lease. • 713 N Courthouse Rd: This 4,380 sq. ft. office building features four suites with three stable tenants providing consistent rental income. Strategic Location: Situated in the vibrant Chesterfield corridor, this portfolio benefits from proximity to major highways, retail centers, and community amenities. Its location ensures excellent accessibility and visibility, making it attractive to both tenants and developers. Investment Highlights: • Over $341,000 in annual revenue, with room for growth. • Additional income potential of $122,000 annually from office rentals at 605 and 611 N Courthouse Rd. This portfolio represents a rare chance to acquire income-generating properties with immediate cash flow and significant upside potential. Whether you’re an investor, or business owner, this offering provides the flexibility and revenue streams to meet your goals. Don’t miss out! Contact us today for more information or to schedule a viewing.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$563 USD /SF

CAP RATE

5.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Windsor Executive Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

O-2

APN/PARCEL ID

741-70-75-70-700-003

ASK ABOUT THIS PROPERTY

Michael DuncanDeGratia GroupMore Info
571-332-1261

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Michael DuncanDeGratia GroupMore Info
571-332-1261

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.