Fully Leased Office Investment in Western Henrico County

Presenting 8401 Patterson Avenue, a fully leased, multi-tenant Class B office building offering over 13,000 rentable square feet in Richmond’s West End.​ This two-story colonial style office building features a highly efficient floor plan with minimal core space and a fully finished basement, maximizing rentable area for tenants while minimizing operational costs for ownership.​ With a strong tenant base, including several long-term tenants, the asset provides immediate stable cash flow upon acquisition, making it a valuable addition to any investment portfolio.​

In addition to its substantial on-site parking, the property offers flexibility for businesses with its professional layout over a range of suite sizes—reducing vacancy exposure with the building’s concentration of sub-2,000 SF occupancies.​ Investors can also capitalize on future upside by making some light cosmetic renovations to lobbies and entryways, which would allow for rent increases in this highly desirable submarket.​ These enhancements, combined with the property’s history of stable performance, make it a solid investment with growth potential.​

Situated in the growing Western Henrico County area, 8401 Patterson Avenue benefits from its prime location near the Regency Mall redevelopment and in one of Richmond’s most well-established, amenity-rich neighborhoods.​ Tenants and their clients enjoy access to a wide variety of retail, dining, and services in this thriving part of the Richmond MSA.​ This stabilized asset with strong rental history and future upside potential is an exceptional opportunity in a highly desirable commercial corridor.​

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  FULLY LEASED MULTI-TENANT OFFICE BUILDING

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  EXCELLENT RENTAL HISTORY WITH LONG TERM TENANTS

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  HIGHLY EFFICIENT FLOOR PLAN WITH MINIMAL CORE SPACE

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  VALUE-ADD OPPORTUNITY WITH MINIMAL INVESTMENT

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  WELL-MAINTAINED ASSET CLOSE TO REGENCY DEVELOPMENT