Citgo C-Store & Gas (NASDAQ: ARKO) | Low Price Point… — Sale in Richmond, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Richmond, VA 23231

Photos

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Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Richmond, Virginia, is a city rich in history and brimming with modern charm. As the capital of Virginia, it is a cultural and economic hub with deep roots in American history, playing a pivotal role in both the Revolutionary and Civil Wars. Today, Richmond blends its historical legacy with vibrant urban living. The city is renowned for its beautifully preserved historic districts, such as Church Hill, where cobblestone streets and colonial-era architecture transport visitors back in time. The Virginia State Capitol, designed by Thomas Jefferson, and the iconic Monument Avenue are testaments to Richmond’s historical significance. Richmond’s thriving arts and culinary scenes make it a destination for locals and tourists alike. The Virginia Museum of Fine Arts is a centerpiece of the arts community, featuring extensive collections that span centuries and cultures. Meanwhile, the city’s food and drink culture has gained national attention, with a mix of innovative restaurants, craft breweries, and farmers’ markets showcasing the best of local flavors. Outdoor enthusiasts appreciate the James River, which flows through the heart of Richmond. Its parks and trails offer opportunities for kayaking, hiking, and cycling, blending urban convenience with natural beauty. Belle Isle, in particular, is a favorite for its scenic views and outdoor activities. Richmond is also an educational and economic powerhouse, home to institutions like Virginia Commonwealth University and the University of Richmond. The city’s economy thrives on sectors such as finance, law, and manufacturing, while its central location along Interstate 95 makes it a key player in regional commerce. Investment Highlights: • Corporate Backed Absolute Net Lease (Zero Landlord Obligations) Featuring 9% Rental Increases at Each Option. Strong Commitment to the Location - Tenant Exercised and Extended the Term. • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access and Excellent Visibility to Da

Market Context

This retail in Richmond, VA is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Richmond, VA — view the full market.

As of Q2 2026, the Richmond retail market showed a 3.6% vacancy rate, and average asking rents near $19.71/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Richmond retail market tightening or softening?
Vacancy is around 3.6% (Q2 2026).

Estimated Price per SF

$71.21/SF – $517.90/SF

Mid: $215.79/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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