National Seating and Mobility Inc. & Taylor and Parrish Construction | Richmond, VA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 23,669 SF National Seating and Mobility Inc. & Taylor & Parrish Construction Located at 3941 Deep Rock Road in Richmond, VA. This Deal Includes a Long Term Site Commitment From Both Tenants That Have Been at the Site For Over 5 Years and Recently Have Extended Their Leases. The Deal Includes Strong Annual Increases, Providing For a Secured Investment.
- Strong Corporate Guarantee: National Seating & Mobility is a Leader in the Healthcare Industry With Over 200 Locations in North America and Occupy 80% of the Property; National Seating & Mobility (NSM) Had an Annual Revenue of $750 Million in 2023; They Have More Than 2,600 Employees Across Four Continents and Serve More Than 300,000 Clients Annually
- Long Term Site Commitment: Both Tenants Have Been at the Site For Over 5-Years and Recently Have Extended Their Leases; National Seating & Mobility Recently Expanded at This Location Showing a Long Term Commitment to This Market
- Strong Annual Increases: This Deal Provides 2.50% Annual Increase in Rent From Both Tenants
- Infill Industrial Asset: Rare Opportunity to Acquire an Infill Industrial Asset in the Henrico-Richmond Submarket
- Highly Functional Industrial Real Estate: Located Directly Between I- 64 and Hwy 250; This Site also Provides Two Entry Points Off of Deep Rock Road Providing Drivers Easy and Efficient Access
- Two Tenant Opportunity: This Property is Currently Occupied By Two Tenants Offering Some Diversification From a Purely Single Tenant Asset
- Strong Demographics: Population Over 200,000 With a Household Income Over $148,000 Within a 5-Mile Radius
In Cooperation With Sands Investment Group, Inc Lic. # BOR: Tom Gorman – Lic. VA #0225269275
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