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Retail Space in Commonwealth Center
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4701 Commonwealth Centre Pkwy, Midlothian, VA 23112

Retail opportunity in a dominant shopping center with convenient access.

Space SizeContact for details
Days on Market270

Property Features for 4701 Commonwealth Centre Pkwy

General Information

Standard status Active
Property subtype Land, Outparcel, or Pad

Spaces For Lease

at 4701 Commonwealth Centre Pkwy Contact us

Pad

Type
Retail-Pad
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: TSCG The Shopping Center Group Richmond
Listed By: Karen Mikulski
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 22 at 4:25AM

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 TSCG The Shopping Center Group Richmond

Investment Insights

Based on property information with market context.

Located within Commonwealth Center, this retail opportunity benefits from its position as a dominant center in the trade area. An outparcel opportunity is available near Kohl's, encompassing approximately 1.0 acres. The location features multiple points of ingress and egress, providing convenient access to State Route 288 and US 260/Hull Street Road, a main thoroughfare. Situated in an affluent submarket, the area boasts an average household income of $95,844 within a 3-mile radius.

Key Highlights

  • Located in Commonwealth Center, a dominate retail center.
  • Outparcel opportunity (approximately 1.0 acres).
  • Convenient access to State Route 288 and US 260/Hull Street Road.

Property Analytics

Current Use

Kohl's Department Store SEPHORA at Kohl's Cosmetic Store

Suggested Use

Top Pick Building Supply Law Firm Electrical Service Auto Repair Shop Grocery & Convenience Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
536k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 24% Superstores 19% Dining 19% Groceries 16%
Target Superstores
102,688 visits/mo 0.1 miles
Kroger Groceries
59,285 visits/mo 0.5 miles
Kohl's Apparel
50,656 visits/mo 0.1 miles
T.J. Maxx Apparel
49,345 visits/mo 0.2 miles
McDonald's Dining
33,532 visits/mo 0.2 miles

Demographics for 23112, VA

54,592
Population
21,511
Households
2.5
Avg Household Size
39
Median Age
50%
College-Educated
97%
High-School Grad
32.1 sq mi
ZIP Area
1,701
Density / Sq Mi
$117,716
Median Household Income
$57,772
Median Earnings
$1,706
Median Rent
$366,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail opportunity in a dominant shopping center with convenient access.
Where is this shopping center located?
The property is located at 4701 Commonwealth Centre Pkwy Midlothian, VA.
What are key features of this property?
This property features: Located in Commonwealth Center, a dominate retail center.; Outparcel opportunity (approximately 1.0 acres).; Convenient access to State Route 288 and US 260/Hull Street Road.
More about this property
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