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3405 Commerce Road, Richmond, VA 23234

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Listing Type
Commercial/Industrial
Listing Status
active
41
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Transportation
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$5,100,000

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Home Details for 3405 Commerce Road
Price
$5,100,000
Type
Commercial/Industrial
Year Build
1900
Lot Size
3.46
County
Richmond City
Total Rooms
20
MLS®️ Listing#
2419081
On exitrealty.com
389 days
Property Description
This single-tenant, long term lease investment opportunity is a chance for an investor to buy a strong cash flow building with market annual increases. The current lease with Git The Trucking Commercial Tires, a commercial tire installation and road service company, has been in place for over a year. Prior to the current tenant, the conditioned one-story building was previously used for printing and direct mail. The highly 1-95 visible building is approximately 41, 396 sf and has three (3) loading docks, one drive-in door, two (2) levelers and 3 phase/240 V/ 3000-amp service. The sizable property contains approximately 177 parking spaces within the 3.46-acre parcel. The industrial market in the Richmond area is extremely strong as demand remains very healthy. Rental rates have grown significantly in recent prior years and are still extremely stout. Richmond is extremely well located at the intersection of 1-95 and 1- 64, making it an excellent distribution location for the entire East Coast. 3405 Commerce has a Triple Net Lease structure with tenant responsible for all real estate taxes, building insurance, utilities and maintenance. The buyer of this property will be able to secure a robust return with very little management headaches.
Property Features
Listing Courtesy: One South Commercial LLC - 804-266-8831. Presented by: Ken Campbell
mls_icon All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2025 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-07-18 13:45:20
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EXIT REALTY DIGITAL
3601 W Hundred Rd, Suite 9, Chester, VA 23831
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$5,100,000

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EXIT REALTY DIGITAL
3601 W Hundred Rd, Suite 9, Chester, VA 23831
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