RICHMOND, VA (September 17, 2026) – S.L. Nusbaum Realty Co. is pleased to announce the sale of a 0.54-acre commercial property located at 1017 N. Arthur Ashe Boulevard in Richmond, Virginia, for $2,400,000.
The property was acquired by WEDG Acquisitions, LLC, a Dunkin’ franchisee, from HPSE, LLC. The site occupies a prominent location along North Arthur Ashe Boulevard, one of Richmond’s primary commercial corridors, offering excellent visibility and access.
Nathan Shor of S.L. Nusbaum Realty Co. represented the buyer in the transaction and has served as a trusted advisor to WEDG Acquisitions, LLC across multiple acquisitions as the company continues to expand its footprint throughout the region.
“We are honored to work with this 60+ store Dunkin operator as they continue their expansion in the southern and central Virginia marketplace. This existing property was formerly occupied by Starbucks. A portion of the purchased property is leased to Pizzeria Mungo – one of the best pizza ‘joints’ in Richmond” said Shor. “This acquisition is another strong addition to their portfolio, and I appreciate the trust they continue to place in our team as their real estate advisor. The site’s location, visibility, and accessibility make it an excellent fit for their long-term objectives in the Richmond market.”
The acquisition supports the buyer’s continued investment and expansion in the Richmond market. The property’s strategic location and strong traffic exposure make it a valuable addition to the buyer’s portfolio and position the site for future growth opportunities.
For additional information, please contact: Nathan Shor, Senior Vice President, Partner, nshor@slnusbaum.com, 804.944.2399.
