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Grocery Store

Walmart Neighborhood Market (Dark)

7000 Iron Bridge Rd, Richmond, VA 23234

Listing Price: $10,670,418

Cap Rate
6.25%
Tenant Name
Wal-Mart Stores East, LP
Years Remaining On Lease
9.0
Guarantor
Corporate Guarantee
Rentable SF
41,117
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.36

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Walmart Neighborhood Market located at 7000 Iron Bridge Road in Richmond, VA.

Investment Highlights

  • Over 9 Years Remaining on a Corporate Walmart Lease
  • 10.30% Cash on Cash Return at List | 73% LTV | Non-Recourse In Place Financing
  • Large 5.47 Acre Lot Located on a Very Highly Trafficked Road in Richmond, VA

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Grocery Store

Walmart Neighborhood Market (Dark)

Listing Price: $10,670,418

Cap Rate
6.25%
Tenant Name
Wal-Mart Stores East, LP
Years Remaining On Lease
9.0
Guarantor
Corporate Guarantee
Rentable SF
41,117
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.36

Investment Highlights

  • Over 9 Years Remaining on a Corporate Walmart Lease
  • 10.30% Cash on Cash Return at List | 73% LTV | Non-Recourse In Place Financing
  • Large 5.47 Acre Lot Located on a Very Highly Trafficked Road in Richmond, VA

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Walmart Neighborhood Market located at 7000 Iron Bridge Road in Richmond, VA.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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