4817 S Laburnum Ave
Richmond, VA 23231
Henrico County Mental Health Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- 40% occupied, ±15,875-square-foot medical office building anchored by South Laburnum Dialysis strategically located in Richmond, VA.
- In-place cash flow and inherent upside in contractual lease escalations, extension options, and the potential to roll tenants to higher market rents.
- Potential for owner occupants to absorb some/all of the vacancy, or an investor to enploy strategic long-term leasing of the available space.
- Ideally positioned across from a Kroger-anchored retail center and less than one mile to White Oka Village, co-anchored by Target and Lowe's.
- Situated in a densely populated trade area near several economic drivers and amenities with convenient proximity to multiple employement hubs.
- Excellent access to major roadways, highways, and public transportation including I-64, US-60, and I-295.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
15,875 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,875 SF
Building FAR
0.21
Lot Size
1.74 AC
Zoning
B-2 - Community Business District
Parking
65 Spaces (4.09 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 816-715-3226 | Improvements Assessment | $3,691,994 |
| Land Assessment | $582,476 | Total Assessment | $4,274,470 |
