S.L. NUSBAUM REALTY CO. ANNOUNCES SALE OF FORMER NANKING CHINESE RESTAURANT TO RIO CAR WASH


RICHMOND, VA (February 2019) – S.L. Nusbaum Realty Co. is pleased to announce the sale of 7408 West Broad Street in Richmond, VA. Colin Williams, Zach Brenner and Nathan Shor of S.L. Nusbaum Realty Co. provided buyer representation services and David Kalman, formerly of Harrison & Bates and now with S.L. Nusbaum Realty Co., represented the seller.

The 7,390 square foot, free-standing building located on a 1.78 acre lot, had been previously occupied by Nanking Chinese Restaurant.

The property was purchased by RIO Broad, LLC from TKEB, LLC for $1,313,000 and will soon be home to RIO Car Wash.

This will be the 7th location for RIO Car Wash, which began operations in 1995. Other locations include Hull Street Road and Midlothian Turnpike in Richmond, two in Fredericksburg and two in Virginia Beach.

RIO Car Wash is exclusively represented by S.L. Nusbaum Realty Co. and is exploring additional location options throughout the Richmond and Hampton Roads markets. Please forward information on any potential sites to: Colin Williams or Zach Brenner, cwilliams@slnusbaum.com, zbrenner@slnusbaum.com or call 804.320.7600.

With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.

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