SCOTT’S ADDITION3007 West Clay Street, Richmond, VA 23230

commonwealthcommercial.com

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Investment Overview . . . . . . . . . . . . . . . . . . . . . . .1

Market Overview . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Richmond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Scott’s Addition . . . . . . . . . . . . . . . . . . . . . . . . 5

Our Team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

BENJAMIN L. BRUNI

Vice President / PartnerT 804-433-1817F 804-346-5901E rwyatt@commonwealthcommercial .com

RUSSELL G. WYATT

Sales & Leasing AssociateT 804-793-0046F 804-346-5901E bbruni@commonwealthcommercial .com

Commonwealth Commercial Partners, LLC represents the Owner of this property . Information contained herein, is deemed reliable but not guaranteed .

01. INVESTMENT OVERVIEW

The Offering

Commonwealth Commercial Partners is pleased to

present for sale 3007 West Clay Street located in

the hip Scott’s Addition neighborhood . This 10,800±

SF flex space includes 6,580± SF of warehouse and

4,320± SF of office . This property affords an

excellent renovation opportunity due to its recently

adopted B-7 zoning . This allows for a variety of

improvements that can complement the current

amenities, which include:

›› 18ˇ– 20ˇclear ceiling

›› Fenced in lot for storage or parking

›› 3-Phase 400 Amp electrical service

›› Four 10ˇ x 12ˇ drive-in doors

›› Floor drains

›› FIOS onsite

1

office space4,320±

SFflex space10,800±

SF6,580±warehouse space

SF + =

1.950MPRICE

$

02. MARKET OVERVIEW

2

Richmond

Richmond is drawing national attention for the many

advantages it offers to businesses . Leading publications

like the Wall Street Journal and kiplinger.com have given

Richmond high marks, including: “Best Small City of

the Future,” “The 4th Best City for Commuters,” and

“The #1 Digital City .” With a top ranking for business

from Forbes and CNBC and below average employee

cost, Richmond is consistently considered a top place

to locate a business .

RICHMOND MARKET ATTRACTS BUSINESSWITH TOP RANKINGS AND LOW COSTS .

BackBay

LakeAnna

LakeMonticello

Lake Moomaw

LakeRobertson

SmithMountainLake

PhilpottReservoir

ClaytorLake

John W. FlannaganReservoir

BuggsIslandLake

LakeDrummond

70

6572

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Dungannon

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Smithfield

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Virgilina

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Richmond

LEE

WISE

BEDFORD

AMHERST

AMELIA

HANOVER

DINWIDDIE

LUNENBURG

CHESTERFIELD

GREENSVILLE

SUSSEX

RICHMOND

MIDDLESEX

KING AND QUEEN

ESSEX

CULPEPER

ALLEGHANY

ISLE OFWIGHT

ACCOMACK

SURRY

PRINCEGEORGE

CHARLESCITY JAMES

CITY

GLOUCESTER

MATHEWS NORTHAMPTON

YORK

NEW KENT

KING WILLIAM

LANCASTER

NORTHUMERLAND

WESTMORELAND

KINGGEORGE

CAROLINE

SPOTSYLVANIA

MADISON

GREENE

ORANGE

LOUISA

RAPPAHANNOCK

STAFFORD

PRINCEWILLIAM

FAIRFAX

ARLINGTON

LOUDOUN

CLARKE

FREDERICK

WARREN

FAUQUIER

SHENANDOAH

ROCKINGHAMPAGE

ALBEMARLE

AUGUSTA

BATH

NELSON

BUCKINGHAM

FLUVANNA

POWHATAN

ROCKBRIDGE

BOTETOURT

CRAIG

ROANOKE

MONTGOMERY

FLOYD

GILES

FRANKLIN

PITTSYLVANIA

HALIFAX

BLAND

PULASKI

CARROLL

PATRICK

GRAYSON

SMYTH

TAZEWELL

BUCHANAN

DICKENSON

RUSSELL

WASHINGTON

SCOTT

WYTHE

HENRY

CAMPBELL

APPOMATTOX

PRINCEEDWARD

NOTTOWAY

BRUNSWICK

HENRICO

W E S T V A .

W E S T V A .

M A R Y L A N D

N O R T H C A R O L I N A

T E N N E S S E E

K E N T U C K Y

W A S H I N G T O N , D . C .

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0 20 10

Scale in Miles

5

BEST CITY FOR COMMUTERS4#DIGITAL

CITY1#

RICHMOND’S ECONOMIC INDICATORS ARE STRONG .

*

25 CITIES WHERE MILLENNIALS ARE MOVING – Times (June 2017)

#2UP AND COMING TECH CITIES– Realtor (2017)

TOP 10BEST PLACE TO LIVE IN THE UNITED STATES– US News & World Report (February 2017)

#24

$80 .1 B 2 .1%GROSS METRO PRODUCT JOB GROWTH

***

3

**

2016 4.1%

Richmond USA

2017 3.7%

4.7%

3.9%

UNEMPLOYMENT RATES

* www .forbes .com/places/va/richmond/** 2016 numbers

Strong job growth and low unemployment make Richmond attractive to businesses .

4

RICHMOND’S LOW COST OF LIVING AND VIBRANT WORKFORCE CREATE ABUNDANT OPPORTUNITIES FOR BUSINESSES TO FLOURISH* .

All Occupations

Registered Nurses

$23.61

$32.18

Richmond USA

Management Analysts

Retail Salespersons

Cooks, Fast Food

$39.80

$12.32

$8.71

$44.19

$13.07

$9.89

$23.86

$34.70

AVERAGE HOURLY WAGE

* www .forbes .com/places/va/richmond/

1,283,100METRO POPULATION

107,290MEDIAN HOUSEHOLD INCOME

247,000MEDIAN HOME PRICES

3COST OF LIVING

below national average

5

minutes to destination

DRIVE TIMES

19Richmond International Airport

Short PumpTown Center

18 Port of Richmond

19

DowntownRichmond

7

1312

Lewis GinterBotanical Garden

Kings Dominion

Virginia Museum of Fine Arts

13

24

5

5

#2CHEAT SHEET’S LIST OF TOP 10 BEST CRAFT BEER VACATION DESTINATIONS IN AMERICA

CarytownRetail District

RichmondRaceway

Science Museum of Virginia

SCOTT’S ADDITIONSUBMARKET

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26

25

2830

31

32

5

6

9

10

11

7

8

1

4

33

14

16

15

13

12

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24

21

1718

19

20

3522

34

1

229

3

FOOD1 . The Dairy Bar3 . Branners Pass6 . Urban Farmhouse Market & Cafe7 . Gelati Celesti Ice Cream9 . Boulevard Burger and Brew10 . Moore Street Cafe11 . Ironclad Coffee13 . Fat Dragon14 . Buzz and Ned’s Barbecue15 . Longoven16 . En Su Boca17 . Peter Chang19 . Perch21 . Dog Wagon Plus22 . Lunch & Supper23 . Aloi24 . Lemon Cuisine of India25 . Don’t Look Back - Triple29 . Tazza Kitchen30 . ZZQ31 . Smohk34 . King Of Pops37 . Stella’s Grocery

ENTERTAINMENT8 . Movieland32 . The Circuit Arcade Bar38 . Bingo39 . River City Roll40 . Tang & Biscuit

DRINK2 . Väsen Brewing Company4 . Reservoir Distillery5 . Isley Brewing Company12 . Buskey Cider18 . The Hof Garden20 . Three Notch’d Brewery26 . The Veil Brewing Company28 . Ardent Craft Ales33 . Blue Bee Cider35 . Black Heath Meadery36 . Courthouse Creek Cider

ATTRACTIONS IN SCOTT’S ADDITION

6

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03. OUR TEAM

7

RUSSELL G. WYATT

Vice President/ PartnerT 804-433-1817F 804-346-5901E rwyatt@commonwealthcommercial .com

BENJAMIN L. BRUNI

Sales & Leasing AssociateT 804-793-0046F 804-346-5901E bbruni@commonwealthcommercial .com

Practice Areas

›› Landlord Representation Services

›› Tenant/Buyer Representation Services

›› Fee Development Services

›› Investment Sales

Practice Areas

›› Office and Industrial Landlord

Representation

›› Office and Industrial Tenant/Buyer

Representation

›› Investment Sales

Commercial real estate owners, buyers, tenants and investors realize the value of an expert on their team . Since 1996, discerning professionals have turned to Commonwealth Commercial for the highest levels of both insight and service in the office, industrial, retail, multi-family, senior living, hospitality, rural and urban land, and investment markets .

Supported by proprietary systems that provide consistent, proactive solutions, the Commonwealth team delivers a broad range of services to support the needs of large institutional, regional and local clients . Our clients value the entrepreneurial, hands-on approach that is fostered by our culture of accountability, communication and responsiveness .

If your commercial real estate program could benefit from a full-service, skilled advisor, we invite you to explore the advantage of adding Commonwealth Commercial to your team .

4198 Cox Road, Suite 200 | Glen Allen, VA 23060 804-326-4966 | CommonwealthCommercial.com