Henrico office building sells for $1.1M
Building was vacant at time of sale
A 17,112-square-foot office building in Henrico County sold for $1.1 million, commercial real estate brokerage firm Marcus & Millichap announced last week.
Located at 2120 Staples Mill Road, the building was constructed in 1974 and sits on 0.73 acres. The building was vacant at the time of the sale, and the new owners plan on a complete renovation of the existing structure. 2120 Staples Mill LLC, the new owner, is a local real estate investment partnership.
The renovations will allow for rentable square footage and the buyer is seeking new office tenants at the present, says Kerry Riley, an investment specialist in Marcus & Millichap’s Richmond office who marketed the property on behalf of Sam Salhab, the seller.