Single-Tenant Office Medical
NVA | 12 Years Remaining | Richmond, VA MSA | Significant Tenant Investment!
US Rt 360 & Bridgewood Rd, Midlothian, VA 23112
Listing Price: $4,047,619
Investment Overview
The Tenant, NVA Midlothian Veterinary Management, LLC, is subject to a 12.5-year corporate lease with an opening date in February 2024 before rent commences in August 2024. The lease features a 10% rental increase in year six of the base term and in each option, providing an excellent hedge against inflation.
NVA | 12 Years Remaining | Richmond, VA MSA | Significant Tenant Investment!
Investment Highlights
- New 12-Year Corporate Lease with 10% Rental Increases Year 6 and Each Option
- Prominent High Traffic Location (57,900 VPD); Opposite High-Performing Walmart & New BJ's Wholesale Club
- Growing, Affluent Richmond MSA
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
Single-Tenant Office Medical
NVA | 12 Years Remaining | Richmond, VA MSA | Significant Tenant Investment!
Listing Price: $4,047,619
Investment Highlights
- New 12-Year Corporate Lease with 10% Rental Increases Year 6 and Each Option
- Prominent High Traffic Location (57,900 VPD); Opposite High-Performing Walmart & New BJ's Wholesale Club
- Growing, Affluent Richmond MSA
Investment Overview
The Tenant, NVA Midlothian Veterinary Management, LLC, is subject to a 12.5-year corporate lease with an opening date in February 2024 before rent commences in August 2024. The lease features a 10% rental increase in year six of the base term and in each option, providing an excellent hedge against inflation.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Financing By
