Auto Dealership

Tesla Store & Service Center | Richmond MSA | Fortune 500 Company

9850 W Broad St, Glen Allen, VA 23060

Listing Price: $6,393,000

Cap Rate
7.00%
Tenant Name
Tesla Motors, Inc.
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
29,831
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Overview

The Sulo Group is pleased to present a Tesla Store & Service Center in Glen Allen, VA.

Investment Highlights

  • Corporate Guarantee from Tesla, Inc. (NASDAQ: TSLA)
  • S&P Upgraded Credit Rating in October 2020 to BB
  • Tesla is Currently Ranked #124 on Fortune 500
  • Affluent Marketplace within the Richmond MSA – AHHI Exceeds $115,000 in Five Miles
  • Robust Retail Corridor Positioned Next to Costco and Other National Retailers

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Sales Manager

    License(s): VA: 0225215181

    Virginia

Auto Dealership

Tesla Store & Service Center | Richmond MSA | Fortune 500 Company

Listing Price: $6,393,000

Cap Rate
7.00%
Tenant Name
Tesla Motors, Inc.
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
29,831
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Highlights

  • Corporate Guarantee from Tesla, Inc. (NASDAQ: TSLA)
  • S&P Upgraded Credit Rating in October 2020 to BB
  • Tesla is Currently Ranked #124 on Fortune 500
  • Affluent Marketplace within the Richmond MSA – AHHI Exceeds $115,000 in Five Miles
  • Robust Retail Corridor Positioned Next to Costco and Other National Retailers

Investment Overview

The Sulo Group is pleased to present a Tesla Store & Service Center in Glen Allen, VA.

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Sales Manager

    License(s): VA: 0225215181

    Virginia

MM Texture Background
MM Textured Background Lower