234,234 SF SUNTRUST OPERATIONS CENTER. Office for Sale. Four-story office building in prime location

Transcription

1 Office for Sale SUNTRUST OPERATIONS CENTER 7818 EAST PARHAM ROAD Richmond, Virginia 234,234 SF Four-story office building in prime location

2 BUILDING STRENGTHS Centrally Located with good access to major corridors I-95 & I-64 Numerous nearby amenities Excellent signage Rare large block opportunity Tremendous infrastructure BUILDING SIZE SITE SIZE NO. OF FLOORS ELEVATORS 234,234 SF acres Four YEAR BUILT 1974 ZONING O-3 CONSTRUCTION POWER LOADING 4 passenger 1 freight Steal beam with concrete decking Two 1,250 kw generators Three loading docks RECENT CAPITAL IMPROVEMENTS Roof replacement in 2008 Centrifugal chillers in 2004 UPS (450 kva) in 2007 Cooling towers in 2009 Fire pump in 2011 Smoke detectors in

3 PINE GROVE DRIVE HOLLYBROOK AVENUE < 1.3 MILES TO I-64 SUNTRUST OPERATIONS CENTER 6.0 MILES TO I-95 SHRADER ROAD WEST BROAD STREET 45,000 VPD HENRICO COUNTY POLICE EAST PARHAM ROAD 29,000 VPD 2

4 BASEMENT ± 36,378 RSF FIRST FLOOR ±36,611 RSF 3

5 SECOND FLOOR ±50,957 RSF THIRD FLOOR ±51,141 RSF 4

6 FOURTH FLOOR ±48,441 RSF DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES Estimated Population (2015) 14,687 93, ,779 Projected Population (2020) 15,049 95, ,060 Projected Annual Growth ( ) 0.5% 0.5% 0.5% Historical Annual Growth ( ) 1.0% 0.8% 0.8% HOUSEHOLDS 1 MILE 3 MILES 5 MILES Estimated Households (2015) 6,318 39,772 82,766 Projected Households (2020) 6,641 41,799 86,905 Projected Annual Growth ( ) 1.0% 1.0% 1.0% Historical Annual Change ( ) 0.8% 0.8% 1.1% INCOME 1 MILE 3 MILES 5 MILES Estimated Avg. HH Income (2015) $54,148 $71,127 $89,648 Projected Avg. HH Income (2020) $57,061 $76,756 $98,548 Projected Annual Change ( ) 1.1% 1.6% 2.0% Historical Annual Change ( ) 0.9% 1.7% 2.3% DAYTIME DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Total Businesses 793 4,753 11,377 Projected Avg. HH Income (2020) 9,728 70, ,050 5

7 Rockville Wyndham 95 Hanover County Municipal Airport SUNTRUST OPERATIONS CENTER HENRICO CAFETERIA Lakeside 95 Mechanicsville 360 Tuckahoe Bon Air RICHMOND 5 Highland Springs Richmond International Airport FIRST FLOOR WINDOW LINE Midlothian CAFETERIA INTERIOR WORKSTATIONS KITCHEN KITCHEN 6

8 E SITE PLAN N. PARHAM BLVD. I-64 W. BROAD ST. I I-64 PEARSON CHRYSLER JEEP DODGE BANK OF AMERICA E. PARHAM BLVD. EXXON SITE BOUNDARY ROYAL ISUZU SunTrust Operations Center FLAGSTOP EXPRESS CAR WASH SITE BOUNDARY 7

9 To West Broad Village & Downtown Short Pump TUCKERNUCK SQUARE MERCHANTS WALK SHOPPING CENTER W ES TB RO AD HERMITAGE HIGH SCHOOL S RO AD EE T 64 G SUNTRUST OPERATIONS CENTER IL L SM P LE STA JOHN R TUCKER HIGH SCHOOL AM ROAD RH A P H RT O N A SK IN ST R AD RO 64 WESTBROAD COMMONS E PARKSIDE MARKETPLACE COLONNADES WEST SHOPPING CENTER WESTPARK SHOPPING CENTER WESTLAND SHOPPING CENTER G E ID NS E L IV DR To Downtown Richmond 8

10 RICHMOND, VIRGINIA Located in the center of Virginia, situated on the banks of the historic James River, Richmond and the surrounding municipalities comprise the 44th largest MSA in the United States; home to over 1.25 million residents. Propelling its continuing population growth, Richmond is home to a growing number of large and small businesses. The highly educated work force, low cost of living, and overall high-quality of life have afforded the Richmond area many advantages, even through recent economic challenges. In addition to housing some of Virginia s most renowned institutions of higher education and extensive state and local government centers, the MSA is home to ten Fortune 1000 company headquarters, six of which rank in the top 500. While education and government provide the largest concentration of employment drivers in the area, private sector industries such as banking, insurance, information and biotechnologies, and transportation have consistently made the area an attractive option for new and expanding businesses. FORTUNE 500 EMPLOYERS WITH RICHMOND AREA HQ EDUCATION Home to five four-year colleges and universities as well as numerous vocational and professional institutions, Richmond s higher education system is responsible for granting over 13,000 degrees per year. The diverse programs offered by each unique university offer a wide range of resources for both in and out of state students. As the largest University in the state, Virginia Commonwealth University is home to over 32,000 students and boasts 26 graduate and professional programs that have been ranked among the best in their discipline. The University s Medical College of Virginia Campus is also highly ranked by the Carnegie Foundation as a Doctoral Research-University Extensive and is one of the nation s leading academic medical centers. The University of Richmond is home to the Jepson School of Leadership Studies the first ever in the nation and has recently received a nod from Business Week for the Robins School of Business, naming them number 16 nationally for their undergraduate business program and number two in academic quality. 9

11 Top 10 No.10 Top 5 No.1 No.1 BEST CITIES FOR FINDING EMPLOYMENT UP AND COMING CITIES FOR ENTREPRENEURS BEST PLACES TO LOVE MOST POPULAR U.S. CITY TO VISIT THIS SUMMER BEST CITIES FOR JOBS Forbes April 2015 Forbes September 2013 Men s Journal March 2015 American Express Travel March 2015 Glassdoor March

12 FOR MORE INFORMATION, PLEASE CONTACT: Senior Vice President Chairman of the Board Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. 11