Range USA
Single-Tenant Offerings
Range USA
11801 US-1
Chester (Richmond MSA), VA
- Price:
- $7,241,000
- Cap Rate:
- 7.25%
- NOI:
- $525,000
- Rentable SQFT:
- 15,000 SF
- Year Built:
- 2025
- Lot Size:
- 9.884 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 20-Year Absolute NNN Lease with 5% Rental Increases Every 5 Years
- Strong Corporate Guaranty, 49+ Locations in 13 States and Expanding\
- World’s Largest Operator of Indoor Shooting Ranges and Industry Leader in Firearm Sales, Training, and Education
- 2024 Was One of the Highest Years on Record for Firearms Sales, 42% of Households in the U.S. Own 1+ Firearms
- Virginia Ranked #6 in States with the Most Firearms Sales Since 2020
- Firearm Retailers Classified Nationally as an Essential Business
- Strategic Location, Nearest Indoor Shooting Range is 15+ Miles Away
- Serving Over 146,000 Residents in Rapidly Growing Suburb of Richmond
- Average Household Incomes Exceed $108,000 in 1 Mile and $122,000 in 3 Mile
- Excellent Access and Visibility Along Major Artery, 14 Miles to Downtown Richmond
- Just Off I-95 with 125,000+ Cars/Day, the Main North/South Highway on the East Coast
- Regional Retail Hub, 1+ Million SF of Retail with Walmart, Target, Home Depot, Lowe’s, Kroger, Food Lion, TJ Maxx, Ross, and More
- Surrounded by Several Major Employers in Chesterfield County, Distribution/Manufacturing Facilities, and Industrial Parks
- Strong Daytime Population, Over 36,000 Employees in Primary Trade Area
- Minutes to Defense Supply Center with 3,000+ Employees
- Close Proximity to Fort Gregg-Adams, 3rd Largest Training Center in the Army with 70,000 Service Members/Year
- 1.5 Miles to Brightpoint Community College Chester Campus with Approximately 9,440+ Students
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