6824 Forest Hill Ave

6824 Forest Hill Ave, Richmond, VA 23225

Property Information

  • For Sale $3,689,459
  • Property Type Retail
  • Property Size 2,160 SF
  • Lot Size 0.61 Acre
  • Year Built 1996
  • Date Updated May 14, 2026

Description

The Boulder Group is pleased to exclusively market for sale a single tenant net leased 7-Eleven property located in Richmond, Virginia.

The store operates 24/7 and is corporately leased through January 2036. The subject lease is absolute triple net presenting no landlord

responsibilities. The lease includes 10% rent increases every five years during the initial term and 7.5% increases during the first three

renewal options. As a fuel station asset, the property is eligible for 100% bonus depreciation.

This 2,160 square-foot property is strategically located at a signalized intersection on Forest Hill Avenue, a high-traffic corridor with 30,000

vehicles per day, connecting to major thoroughfares: Powhite Parkway (86,000 VPD) and Chippenham Parkway (82,000 VPD). Directly across

from Food Lion, the property is near prominent retailers including Target, Lowe’s, Walmart, Publix, ALDI, Chick-fil-A, Starbucks, and McDonald’s.

It also benefits from proximity to Huguenot High School (1,500 students) and Willow Oaks Country Club. The area is affluent, with an average

household income exceeding $134,000 within a three-mile radius, and densely populated, with over 244,000 residents within a five-mile

radius.

Contacts

Randy Blankstein

The Boulder Group

Jimmy Goodman

The Boulder Group

Location

Located at 6824 Forest Hill Ave, Richmond, VA 23225, this property is part of the Stratford Hills neighborhood and Richmond Tidewater market.

Contact 6824 Forest Hill Ave
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