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Ground-Floor Retail and Office Space
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1005 WESTOVER HILLS BLVD, Richmond, VA 23225

Planned ground-floor commercial space with dedicated parking, outdoor patios, and elevator access in a mixed-use development.

Space SizeContact for details
Property Size4,500 SF
Days on Market66

Property Features for 1005 WESTOVER HILLS BLVD

General Information

Standard status Active
Size 4,500 SF
Class A
Property subtype Retail, Office, Restaurant

Additional Details

Road Access Yes
Multifamily Units 12

Building Details

Tenancy Multiple

Spaces For Lease

at 1005 WESTOVER HILLS BLVD Contact us

Ground Floor Commercial (Patio)

Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: The Gaulden Group
Listed By: David Gaulden · License #VA 0225242380
Source: Crexi
Added: Jun 5 Changed: Aug 8 Last Checked: Aug 6 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gaulden Group

Investment Insights

Based on property information with market context.

This offering presents pre-leasing opportunities for ground-floor commercial space within a planned mixed-use development at 1005 Westover Hills Boulevard. The approved concept includes approximately 4,500 square feet of street-level commercial space beneath twelve residential units, designed to support a walkable neighborhood environment. The project has an approved Special Use Permit (SUP) and architecturally designed plans, with dedicated parking, outdoor patio areas, and elevator access.

The development is positioned with prominent frontage along Westover Hills Boulevard and is located within the Westover Hills Neighborhood Node. Under the Richmond 300 Master Plan, the property is designated as Community Mixed-Use, aligning the project with neighborhood-serving commercial activity in one of Richmond’s established and evolving districts.

The available commercial component is intended for a broad range of uses, including medical, dental, professional office, boutique retail, restaurant, coffee shop, wellness, and personal service, along with other neighborhood-serving concepts. Ownership is seeking prospective tenants interested in securing space prior to construction, which can support discussions around space planning, building design considerations, signage opportunities, and long-term occupancy strategies. A targeted construction start and occupancy timeline of approximately 2028 is currently anticipated, subject to final ownership and construction decisions.

Key Highlights

  • Pre‑leasing planned mixed‑use development at 1005 Westover Hills Boulevard in Richmond’s Westover Hills corridor
  • Approved development includes approx. 4,500 SF of ground‑floor commercial space beneath 12 residential units
  • Asking rent for commercial space is $32.00 per SF NNN

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 23225, VA

40,876
Population
21,545
Households
1.9
Avg Household Size
38
Median Age
41%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
2,941
Density / Sq Mi
$60,865
Median Household Income
$43,550
Median Earnings
$1,311
Median Rent
$292,800
Median Home Value

Market

Vacancy Rate% for Office in Richmond, VA

5.7% 2019
7.2% 2020
7% 2021
8.2% 2022
8.4% 2023
12.1% 2024
11.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned ground-floor commercial space with dedicated parking, outdoor patios, and elevator access in a mixed-use development.
Where is this mixed-use property located?
The property is located at 1005 WESTOVER HILLS BLVD Richmond, VA.
What are key features of this property?
This property features: Pre‑leasing planned mixed‑use development at 1005 Westover Hills Boulevard in Richmond’s Westover Hills corridor; Approved development includes approx. 4,500 SF of ground‑floor commercial space beneath 12 residential units; Asking rent for commercial space is $32.00 per SF NNN
More about this property
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