
Former Ruby Tuesday Retail Property Sells in Short Pump Submarket
RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer announces the sale of the former Ruby Tuesday, an outparcel property within Broad Street Plaza, 9830 West Broad Street in Henrico County, Virginia.
R&D Joint Venture purchased the 5,451 square foot restaurant property, situated on 1.05 acres, from LG RT Glen Allen VA, LLC for $1,900,000. The purchaser plans to open as a Generac retailer. Founded in 1959, Generac was the first to engineer affordable home standby generators, along with the first engine developed specifically for the rigors of generator use, and is now the #1 manufacturer of home backup generators. Generac manufactures the widest range of power products in the marketplace including portable, residential, commercial and industrial generators.
James Ashby IV and Annie O’Connor of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.