Listing Agency: Partner Commercial Show Phone

Listed By: Yasmine Hamad · License #0226028968

Source: Moodyscre

Added: Feb 6, 2023 Changed: Jul 10 Last Checked: Jul 21 at 3:13AM

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Investment Insights

Based on property information with market context.

This retail strip center offers approximately 28,804 square feet of space, with multiple suites available for rent. In addition, approximately 700 square feet of rentable land space is available. The property benefits from high visibility at the signalized intersection of Hull Street and E. Belt Blvd. Traffic counts on Midlothian Turnpike reach 17,000 vehicles per day. The location is accessible via the GRTC bus line.

Key Highlights

• Visible sight at signalized intersection of Hull Street and E. Belt Blvd
• ± 28,804 SF retail strip center
• 17,000 VPD on Midlothian Turnpike

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office HVAC Service Parking Lot & Garage

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

NNN (Triple Net)

Lease Type

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

905

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019

7.5% 2020

7% 2021

5.2% 2022

4.2% 2023

4.9% 2024

5.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail strip center with multiple suites and rentable land.

Where is this strip mall located?

The property is located at 3921-3933 Hull St Richmond, VA.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Visible sight at signalized intersection of Hull Street and E. Belt Blvd; ± 28,804 SF retail strip center; 17,000 VPD on Midlothian Turnpike