Big O Tire & Auto Listing Details & Market Data

7301 Staples Mills Road, Richmond, VA 23228

  • For Sale $1,900,000
  • Property Type Retail - Street Retail
  • Property Size 16,500 SF
  • Units 1
  • Lot Size 1.02 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Date Updated Mar 25, 2024
The subject site is located along a busy retail corridor with frontage along Staples Mills Road and Glenside Drive - directly adjacent to the Amtrak stop, one of the most active in VA.NAI Dominion is please to offer this 16,400 SF Retail/Flex facility, home to Big O Tire and Auto. This is a strong NNN investment with a nationally recognized retailer. There is 5 years remaining on the original term, yielding $130,240K annually with a 5 year option with 2% annual rent bumps per year. This NNN lease has strong upside as it is well below market rents. Big O Tires, LLC. is one of North America's largest retail tire franchisors, with more than 450 independently owned and operated locations extending through 23 states primarily in the Western and Midwestern United States. Local Franchisee operates both in Richmond.

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Attachments

Highlights

  • Subject site is located in a strong retail corridor adjacent to Amtrak.
  • NNN Lease to a strong, nationally recognized retailer with below market rents.
  • Attractive yield and hefty upside on renewal.

Contacts

broker

Christopher Rice

NAI Dominion

(804) 513-6162

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (55)

  • Bike Score ®

    Somewhat Bikeable (43)
Powered by Walk Score ®
  • City Richmond, VA
  • Neighborhood Glenside Woods
  • Zip Code 23228
  • Market Richmond Tidewater

Points of Interest

  • Richmond Staples Mill Road

    0.12 miles

  • AR Cab Service

    0.94 miles

  • Richmond Main Street

    6.77 miles

  • Ashland

    9.96 miles

  • Citgo

    0.23 miles

  • Sunoco

    0.41 miles

  • Shell

    0.59 miles

  • Mobil

    1.00 miles

  • Sheetz

    1.30 miles

  • Wawa

    1.47 miles

  • Hess

    1.50 miles

  • Chubby's

    1.64 miles

  • Wawa

    1.69 miles

  • Mobil

    1.69 miles

  • Lot G

    4.27 miles

  • Lot J

    4.52 miles

  • Lot F

    4.58 miles

  • Midway

    4.59 miles

  • Lot A

    4.64 miles

  • Pony Pasture

    4.69 miles

  • Lot C

    4.83 miles

  • Bowe Street Parking Deck

    4.92 miles

  • VCU - HB Lot

    5.08 miles

  • VCU - AR Extension Lot

    5.08 miles

  • Little Caesars

    0.07 miles

  • Dunkin'

    0.07 miles

  • Wendy's

    0.15 miles

  • Shoney's

    0.15 miles

  • McDonald's

    0.19 miles

  • Captain D's

    0.26 miles

  • Tip Thai

    0.65 miles

  • Mi Mariachi Bar & Grill

    0.81 miles

  • Roma Ristorante

    0.82 miles

  • Corner Cafe

    1.04 miles

  • El Parasio Latino Market

    0.11 miles

  • La Michoacana Meat Market

    0.64 miles

  • Lidl

    0.76 miles

  • Marshalls

    1.35 miles

  • Food Lion

    1.37 miles

  • Burlington

    1.62 miles

  • ALDI

    1.63 miles

  • Walmart Supercenter

    1.64 miles

  • Tan A Supermarket

    1.64 miles

  • ALDI

    1.66 miles

Contact Listing Broker

broker

Christopher Rice

NAI Dominion

(804) 513-6162