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    11823-11825 W Broad St Richmond, VA 23233

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    For Lease
    $34 SF/Yr ($3,470 /Mo)

    Retail space adjacent to Short Pump Town Center.

    Property size:
    1,225 SF
    Lot size:
    25.37 Acres

    Property Features for 11823-11825 W Broad St

    General Information

    Size
    1,225 SF
    Lot size
    25.37 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Alicia Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Short Pump

    This retail space is located near the Short Pump Town Center, a regional shopping destination in Richmond. The property is adjacent to retailers such as Nordstroms, Williams Sonoma, Crate & Barrel, Pottery Barn & Pottery Barn Kids, Arhaus Furniture, Cheesecake Factory, Orvis, Elizabeth Ardens Red Door Spa, and Dicks Sporting Goods. The location benefits from high traffic volume, with approximately 36,000 vehicles per day on W. Broad St. and 25,204 vehicles per day on Lauderdale Dr. The property shares a main entry with the 1.4 million square foot Short Pump Town Center. The available space is 1,225 square feet and is located in a center anchored by Kroger Signature Marketplace (86,000 SF) and Olive Garden and Bassett.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Downtown Short Pump, The Corner at Short Pump - Shopping Center, Short Pump Crossing Shopping Center, Shops At Wellesley, The Shoppes At WestGate

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.624286
    Latitude
    37.654571

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    FAQs

    What type of property is this?
    Shopping center - Retail space adjacent to Short Pump Town Center.
    Where is this shopping center located?
    The property is located at 11823-11825 W Broad St Richmond, VA.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Shares main entry with Short Pump Town Center (1.4 million SF, $550+ PSF); - Located in Richmond's regional shopping destination; - Adjacent to Nordstroms, Williams Sonoma, Crate & Barrel, Pottery Barn, and other major retailers
    (804) 387-7692
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11823-11825 W Broad St Richmond, VA 23233
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