Property Summary
One South Commercial is pleased to bring 4015 Fitzhugh Ave to market. This single tenant, Triple Net Lease Investment opportunity is a chance for an investor to buy a strong cash flow building situated in a neighborhood seeing significant building construction and population increase.
The new lease is with 3North – an extremely strong tenant and local architecture firm that is flourishing. The building itself has an attractive, much sought after Mid-Century Style design. The area is on the fringe of two great neighborhoods- The Near West End of Richmond and Scotts Addition 2.0 in Henrico County.
The owner and tenant are just beginning significant renovations and upgrades which will make this property a premium investment for years to come. The tenant has contributed considerable resources to the building and the look and feel of the space is exactly what the market will be looking for. The offices and common areas have a bright, airy feel in line with what current professionals desire, ensuring successful long term tenancy.
The property offers plentiful on and off-street parking which will only increase the buildings value as the surrounding area escalates its density. The neighborhood offers numerous dining and entertainment amenities for the tenants and easy access to all of the Metro Richmond Area roadways.
PROPERTY DETAILS
| Parcel ID | W000-1799-001 |
|---|---|
| Const. Materials | Brick |
| Zoning Desc. | B-2 |
| Construction Date | 1955 |
| Renovation Date | 2022 |
| Co-broker Fee | Yes |