RVA Physical Therapy buys Midlothian building with Burger Bach as tenant

Posted on 1/10/2022 – BizSense RVA Physical Therapy buys Midlothian building with Burger Bach as tenant

Upon scooping up property in Midlothian for a new location, a local physical therapy practice has also stretched into a new role: burger joint landlord.

RVA Physical Therapy plans to open this spring at 101 Heaths Way Road. The new office will be its second, joining an existing office at 2620-A Gaskins Road in Henrico.

An LLC affiliate of the practice paid $1.7 million for the property, part of which is currently home to local restaurant chain Burger Bach.

Lavanya Kavaserry, who co-owns RVA Physical Therapy with her husband Ramky Kavaserry, said the restaurant will remain in its 3,600-square-foot portion and they’ll take over the remaining 1,800 square feet.

Lavanya said their Henrico office often sees patients who travel from the Midlothian area, so it seemed fertile ground for expansion.

“This fit the bill because we didn’t want too big a space or too small a space.”

High on the list of needs for RVA Physical Therapy is room for an in-house pool for aquatic therapy, which Kavaserry described as a focus of the practice. Kavaserry said buildings with pools can be hard to come by, so the company owns its locations in order to be able to construct those facilities.

“Renting or leasing is a difficult option for that,” she said.

The practice also likes to keep its distance from other physical therapy outfits, and owning the buildings helps ensure it doesn’t end up sharing real estate with a competitor, Kavaserry said.

The practice first opened in 2015, and moved its current location to the corner of Gaskins and Three Chopt roads in February 2019.

Kavaserry said the plan is to invest $150,000 to $200,000 to outfit the Midlothian spot, and construction is underway.

The project architect is Keith Hunter and Associates. The contractor is Katherman & Co. Developer B.K. Katherman was the seller in the deal, which was financed in part through a loan from Primis Bank.

The group closed on the Midlothian property in October. The seller was Railey Hill Associates, which was represented by Tucker Dowdy and Russell Wyatt of Commonwealth Commercial Partners. The property was most recently valued at $1.1 million, according to Chesterfield online property records.

 

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Commonwealth Commercial Completed Seven Transactions this Week

Richmond, VA – December 10, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Dr. Kim Byerly renewed the 995 SF lease at 5101 Cleveland Street in Virginia Beach. Gresh Wall represented the Landlord.
  • JTWdesign, LLC leased 2,020 SF at 15 S. Auburn Avenue in the City of Richmond. Tucker Dowdy and Russell Wyatt represented the Landlord.
  • Consolidated Planning, Inc. leased 732 SF at 12540 Patterson Avenue in Goochland County. Tucker Dowdy and Russell Wyatt represented the Tenant.
  • Brick and Mortar Mercantile leased 5,142 SF at 3114 W. Cary Street in the City of Richmond. Jim McVey, Michael Morris and Thomas Lynde represented the Landlord.
  • DAPSYN Inc. leased 1,809 SF at 1503 Santa Rosa Road in Henrico County. Eric Hammond represented the Landlord.
  • Ericka J Fitness leased 2,500 SF at 903 E. Laburnum Avenue in Henrico County. Jamie Galanti and Ben Boykin represented the Tenant.
  • ME Namflow, LLC purchased 8,973 SF at 5780 Hull Street Road in the City of Richmond from Parsons & May, LLC for $700,000. Ben Bruni represented the Purchaser.

 

 

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – November 12, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Brandi Walker leased 2,910 SF at 131 Richmond Highway in the City of Richmond. Ben Bruni represented the Landlord.
  • Moser Originals, LLC leased 3,410 SF at 6290 Old Warwick Road in the City of Richmond. Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Belle Cabana leased 2,250 SF at 1260 Alverser Plaza in Chesterfield County. Ben Boykin and Ryan Fanelli represented the Tenant.
  • IvyRehab Mechanicsville VA, LLC dba Spectrum Physical Therapy leased 6,024 SF at 7225 Bell Creek Road in Hanover County. Morgan Trible and Jim McVey represented the Landlord.
  • Classic Air Care, LLC leased 24,349 SF at 240 Clearfield Avenue in Virginia Beach. Gresh Wall represented the Landlord.
  • DCCC, Inc. leased 3,300 SF at 2301 N. Parham Road in Henrico County. Eric Hammond and Tucker Dowdy represented the Landlord.
  • Vanderbilt Properties, LLC purchased .05 acres at 127 N. 18th Street in the City of Richmond from Rochelle Holding Company for $150,000. Jim McVey, Michael Morris and Thomas Lynde represented the Seller.
  • Duplex Station, LLC purchased 30,000 SF at 2300 Hermitage Road in the City of Richmond from Foundry Associates for $3,200,000. Ben Bruni and Ryan Fanelli represented the Purchaser.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – October 15, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Urgent Care MSO, LLC leased 5,000 SF at 4003 College Avenue in Bluefield, VA.  Carl Blackwell represented the Tenant.
  • Urgent Care MSO, LLC leased 5,400 SF at 1336 W. Main Street in Salem, VA.  Carl Blackwell represented the Tenant.
  • MBS Production Services, LLC leased 12,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord.
  • All Secured Home Health Services, LLC leased 708 SF at 8001 Franklin Farms Drive in Henrico County.  Ben Boykin and Jamie Galanti represented the Tenant.
  • Ariya Chiropractic Group, Inc. leased 1,725 SF at 5600 Patterson Avenue in Henrico County.  Tucker Dowdy and Michael Good represented the Tenant.
  • New Story leased 13,650 SF at 5135 – 5199 Cleveland Street in VA Beach.  Gresh Wall represented the Landlord.
  • Red Mill Chiropractic, LLC leased 4,153 SF at 1253 Nimmo Parkway in VA Beach.  Gresh Wall represented the Landlord.
  • Global ReSale LLC leased 35,252 SF at 11700 N. Lakeridge Parkway in Hanover County.  Ben Bruni and Jim McVey represented the Tenant.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Six Transactions this Week

Richmond, VA – October 1, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Lucky Dog Pet Spaw, LLC leased 1,082 SF at 11950 Iron Bridge Road in Chesterfield County.  Jim McVey, Michael Morris and Thomas Lynde represented the Landlord.
  • Chewy’s Bagels LLC leased 2,363 SF at 3138 W. Cary Street in the City of Richmond.  Jim McVey, Thomas Lynde and Michael Morris represented the Landlord.
  • Emmett L. Jones dba Emmett L. Jones, Ph.D & Associates leased 1,694 SF at 2819 N. Parham Road in Henrico County.  Eric Hammond and Michael Good represented the Landlord.
  • Elite Clubs National League, Inc. leased 7,188 SF at 9830 Mayland Drive in Henrico County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • L.F. Jennings, Inc. leased 4,281 SF at 2000 W. Marshall Street in the City of Richmond.  Tucker Dowdy and Russell Wyatt represented the Landlord.
  • Riverfront Investment Group, LLC leased 3,500 SF at 1208-1212 East Cary Street in the City of Richmond.  Eliza Izard and Eric Hammond represented the Landlord.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Three Transactions Last Week

Richmond, VA – September 27, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Achilles Foot and Ankle Center, Inc. leased 1,719 SF at 11801 Ironbridge Road in Chesterfield County.  Russell Wyatt and Tucker Dowdy represented the Tenant.
  • Blue Box Air, LLC renewed 15,000 SF at 1800 W. Marshall Street in the City of Richmond.  Russell Wyatt and Ben Bruni represented the Landlord.
  • SLA Construction, LLC, Trustee of the 5141 Springfield Road Land Trust purchased 2 acres of land at 5141 Springfield Road in Henrico County from Ferramosca Properties, LLC for $425,000.  Ryan Fanelli represented the Seller.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Three Transactions this Week

Richmond, VA – September 17, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Honey Car, Inc. leased 19,400 SF at 190 Commonwealth Court in Winchester.  Ryan Fanelli represented the Tenant.
  • Brianna Earl dba The Self Love Co. leased 1,552 SF at 1321 ½ East Main Street in the City of Richmond.  Eric Hammond represented the Landlord.
  • 16 S. 2nd Street LLC purchased a 6,296 SF office building at 16 S. 2nd Street in the City of Richmond from EHK Associates for $560,000.  Thomas Lynde and Eric Hammond represented the Seller.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Six Transactions this Week

Richmond, VA – September 10, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Chesapeake Climate Action Network, Inc. leased 800 SF at 1208-1212 East Cary Street in the City of Richmond.  Eliza Izard and Eric Hammond represented the Landlord.
  • Wandering Not Lost, LLC leased 1,574 SF at 16 S. 2nd Street in the City of Richmond.  Thomas Lynde and Eric Hammond represented the Tenant.
  • Atlantic Constructors, Inc. leased 30,000 SF at 1306 Richmond Highway in the City of Richmond.  David Williams represented the Tenant.
  • JD Quality Pouches, LLC leased 3,500 SF at 2050 Val Park Drive in Goochland County.  Ben Bruni and Michael Good represented the Landlord and Tucker “Nash” Warren represented the Tenant.
  • Jeanne-Marie Boucher leased 1,665 SF at 3122 W. Cary Street in the City of Richmond.  Jim McVey represented the Landlord.
  • Real Estate Pursuits, LLC purchased 83,025 SF at 14000 Justice Road in Chesterfield County from Railey Hill Associates, LLC for $14,150,000.  Tucker Dowdy and Russell Wyatt represented the Seller.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Two Transactions this Week

Richmond, VA – August 27, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Parkstone Management, LLC leased 1,517 SF at 1129 Gaskins Road in Henrico County. Tucker Dowdy, Jamie Galanti, and Ben Boykin represented the Landlord.
  • Riverbend Integrative Trauma Treatment leased 1,458 SF at 6720 Patterson Avenue in the City of Richmond. Tucker Dowdy represented the Landlord.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – August 20, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Myrandontash, Inc. dba The Chrysm Institute of Esthetics leased 3,990 SF at 21 Enterprise Parkway in Hampton. Gresh Wall represented the Tenant.
  • GMA Interventions, LLC leased 4,132 SF at 5101 Cleveland Street in Virginia Beach. Gresh Wall represented the Landlord.
  • 40 Wellness LLC dba Hand & Stone leased 590 SF at 5300 Hickory Park Drive in Henrico County.  Eric Hammond and Michael Good represented the Landlord.
  • Sleeping Dog, Ltd. Leased 8,100 SF at 1329 E. Cary Street in the City of Richmond. Kit Tyler and Michael Good represented the Landlord.
  • Old Washington Highway, LLC purchased 32,000 SF on 5.32 acres at 10441 Washington Highway in Henrico County from G&G Motorcycles, Inc. for $2,900,000. Ben Bruni and David Williams represented the Seller.

About Commonwealth Commercial Partners, LLC

Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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