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7301-7315 Boulder View Ln
Richmond, VA 23225 Midlothian

$1,100,000 USD

Medical Condo For Sale  •  2,857 SF

Property Details

  • Property Type Medical
  • Total Building Size 15,868 SF
  • Lot Size 74.22 AC
  • Building Class A
  • Year Built 2005
  • Tenancy Multiple
  • Zoning O-2
0 Transit Score
6 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 7307 Medical Office 2,857 SF $1,100,000 USD
  • Unit Size: 2,857 SF
  • Condo Use: Medical Office
  • Price: $1,100,000 USD
  • Sale Type: Investment
  • Price/SF: $385.02 USD
Description
Situated in the prestigious Boulders Office Park in Richmond’s Southside, this 2,857 SF medical office condo offers a rare investment opportunity with a stable, long-term credit tenant in place. The property is part of a Class A office park known for its profession-al environment, strong corporate presence, and excellent accessibility via Chippenham Parkway and Powhite Parkway. Designed for medical use, the space is well-suited to the needs of its occupant, ensuring continued demand and functionality in a highly desirable business setting. 

The property is fully leased to LabCorp, a nationally recognized, investment-grade medical diagnostics company, which has been a long-term tenant at this location. LabCorp recently exercised a three-year renewal option and holds additional options, providing investors with a reliable income stream and long-term stability. The Boulders Office Park offers a well-maintained, amenity-rich environment with a strong tenant mix and ample parking, making this a high-quality, low-maintenance investment in a prime Richmond submarket.

Sale Notes
3 year lease with 2 options to extend.

Description 

The property is part of a Class A office park known for its professional environment, strong corporate presence, and excellent accessibility via Chippenham Parkway and Powhite Parkway. Designed for medical use, the space is well-suited to the needs of its occupant, ensuring continued demand and functionality in a highly desirable business setting.
The property is fully leased to LabCorp, a nationally recognized, investment-grade medical diagnostics company, which has been a long-term tenant at this location. LabCorp recently exercised a threeyear renewal option and holds additional options, providing investors with a reliable income stream and long-term stability. The Boulders Office Park offers a well-maintained, amenity-rich environment with a strong tenant mix and ample parking, making this a high-quality, low-maintenance investment in a prime Richmond submarket.

Highlights

NNN medical office investment
Long term credit tenant (LabCorp)
Three (3) year lease with two (2) options
Perfect for 1031 exchange
6.5% cap rate

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) 13 min - 7.6 mi
Richmond Staples Mill Road Amtrak Station (Carolinian - Amtrak, Northeast Regional - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak) 16 min - 9.7 mi
AirportDriveWalkDistance
Richmond International 28 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ken Campbell 804-266-8831 One South Commercial
Ken Campbell 804-266-8831 One South Commercial