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Retail Space on Arthur Ashe
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1201 N Arthur Ashe Blvd, Richmond, VA 23230

Retail space available in upcoming mixed-use development on Arthur

Space Size7,000 SF
Property Size300,000 SF
Days on Market210

Property Features for 1201 N Arthur Ashe Blvd

General Information

Standard status Active
Size 7,000 SF
Property subtype Retail

Building Details

Building Size 300,000 SF
Year Built 2024

Spaces For Lease

at 1201 N Arthur Ashe Blvd
The Ace
Size 7,000 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Read Goode · License #DC0225048636
Source: Divaris
Added: Mar 26 Changed: Oct 7 Last Checked: Oct 20 at 6:19PM

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 Divaris Real Estate - Richmond

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Investment Insights

Based on property information with market context.

An upcoming mixed-use development is planned for Arthur Ashe Boulevard. The Ace is a seven-story building that will feature 350 apartments. The apartments are projected to house over 500 residents. The development plans include 13,000 square feet of retail space. The retail space is intended to serve both the residents of the building and the surrounding neighborhood. The retail space will be located along the Arthur Ashe Boulevard frontage of The Ace.

Key Highlights

  • New construction, built in 2025
  • Located on Arthur Ashe Boulevard
  • Seven‑story building

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Hotel & Motel Parking Lot & Garage Grocery & Convenience Store Garden Center Barber Shop

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

1,842
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Richmond, VA

$15.24 /SF/Yr
Avg Asking Price
$1.21–$28 /SF/Yr
Price Range
8,866 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in upcoming mixed-use development on Arthur
Where is this retail space located?
The property is located at 1201 N Arthur Ashe Blvd Richmond, VA.
What are key features of this property?
This property features: New construction, built in 2025; Located on Arthur Ashe Boulevard; Seven‑story building
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