Rare Second-Gen High-Quality Auto Service Property: potential immediate backfill for a new user.
Flexible Potential Uses Include: drive-thru & dining restaurant, auto, banks, office, medical, general retail, and more. *Contact broker for more info.
Affluent & Dense Trade Area: Average household income of $210,700, within a 5-minute drive. Projected to grow to $227,100 (+7.8%) by 2030. (AlphaMap)
Strong Regional Consumer Base: Over 76,000 residents within a 3-mile radius generating $743.3m in total consumer spending, with average household incomes of $183,900. (AlphaMap)
Growing Market: Within a 3-mile radius, population is projected to grow to 78,606 (+3.4%) by 2030, with total consumer spending of $795.2M, up 7.0%, reflecting sustained demand in the trade area. (AlphaMap)
Prime Retail Corridor: Located along W. Broad Street, one of Richmond’s highest-traffic retail corridors, with convenient access to I-64, surrounded by national co-tenancy driving consistent daily traffic to the area.
Surrounded by National Retail anchors: Within a 1–2 mile radius, including Costco Wholesale, Sam’s Club, Lowe’s Home Improvement, Kroger, and Rooms To Go, creating a strong regional retail draw and consistent consumer traffic.
Tax Benefits: Auto service properties may be eligible for an accelerated depreciation schedule. *Consult your tax or accounting professional for more information.