Miscellaneous
Range USA | New 20-Yr. Absolute NNN | World’s Largest Indoor Shooting Range Operator
11801 US-1, Chester (Richmond MSA), VA 23831
Listing Price: $7,241,000
Cap Rate
7.25%
Tenant Name
Range USA
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Absolute Net
Rent Per Square Feet
$3.50
Investment Overview
Marcus & Millichap is pleased to present the Range USA in Chester, VA.
Range USA | New 20-Yr. Absolute NNN | World’s Largest Indoor Shooting Range Operator
Investment Highlights
- 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
- Strong Corporate Guaranty, 49+ Locations in 13 States and Expanding
- World's Largest Operator of Indoor Shooting Ranges and Industry Leader in Firearm Sales, Training, and Education
- 2024 Was One of the Highest Years on Record for Firearms Sales, 42% of Households in the U.S. Own 1+ Firearms
- Virginia Ranked #6 in States with the Most Firearms Sales Since 2020
- Firearm Retailers Classified Nationally as an Essential Business
- Strategic Location, Nearest Indoor Shooting Range is 15+ Miles Away
- Serving Over 146,000 Residents in Rapidly Growing Suburb of Richmond
Miscellaneous
Range USA | New 20-Yr. Absolute NNN | World’s Largest Indoor Shooting Range Operator
Listing Price: $7,241,000
Cap Rate
7.25%
Tenant Name
Range USA
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Absolute Net
Rent Per Square Feet
$3.50
Investment Highlights
- 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
- Strong Corporate Guaranty, 49+ Locations in 13 States and Expanding
- World's Largest Operator of Indoor Shooting Ranges and Industry Leader in Firearm Sales, Training, and Education
- 2024 Was One of the Highest Years on Record for Firearms Sales, 42% of Households in the U.S. Own 1+ Firearms
- Virginia Ranked #6 in States with the Most Firearms Sales Since 2020
- Firearm Retailers Classified Nationally as an Essential Business
- Strategic Location, Nearest Indoor Shooting Range is 15+ Miles Away
- Serving Over 146,000 Residents in Rapidly Growing Suburb of Richmond
Investment Overview
Marcus & Millichap is pleased to present the Range USA in Chester, VA.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
