Senior Connections
19,916 SF | Office Building | Richmond, VA 23224 | $5,145,000 ($258/SF) | 7.60% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,145,000
- Property Type
-
Office
- Square Feet
- 19,916 SF
- Price / Square Foot
- $258
Listing Contacts
Carl Brendes
Verified Profile
Thompson Brown
Verified Profile
Jake Zapata
Verified Profile
Ransome Foose
Verified Profile
- Property Info
Property Overview
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Senior Connections in Richmond, VA. We welcome your review of this attractive investment.
Property Details
- Class
- B
- Year Built/Renovated
- 1959/2008
- Stories
- 2
- Lot Size (sq. ft)
- 43,124 SF
Highlights
- Attractive land value relative to purchase price
- 30-year operating history at previous location
- Corporate Lease | Senior Connections, The Capital Area Agency on Aging | Non-profit organization receiving federal funding
- Corner intersection of Semmes Ave and W 13 St | 17,484 VPD combined
- Less than 5 Minutes from Richmond CBD
- 3% annual rent increases
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