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Retail Space Near University Campus
For Lease
$1,932/Mo

1212 1/2 W Cary Street, Richmond, VA 23220

A compact retail offering sits near VCU campus in Richmond.

Space Size1,159 SF
Days on Market1058

Property Features for 1212 1/2 W Cary Street

General Information

Standard status Active
Size 1,159 SF
Net Rentable 1,159 SF
Zoning R-63

Space & Availability

Available Space 1,159 SF
Contiguous Space 1,159 SF
Space Use Retail

Site & Location

Neighborhood Rdph

Building Details

Building Size 1,159 SF
Year Built 1900
Stories 1
Listing Agency: One South Commercial LLC
Listed By: Ken Campbell · License #0226037201
Source: Colerealestateinc
Added: Nov 30, 2023 Changed: Oct 23 Last Checked: Oct 23 at 4:15PM

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 One South Commercial LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space at 1212 1/2 W Cary Street contains 1,159 square feet. The building dates to 1900, and the property is zoned R-63.

The site is near VCU campus in Richmond, Virginia.

Key Highlights

  • 1,159 square feet of retail space
  • Near VCU campus
  • Building constructed in 1900

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Veterinary Clinic Dental Office Auto Parts Store Storage Facility Pet Grooming Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,825
Businesses Nearby

Demographics for 23220, VA

36,942
Population
16,561
Households
2.2
Avg Household Size
27
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
7,696
Density / Sq Mi
$56,681
Median Household Income
$33,249
Median Earnings
$1,354
Median Rent
$468,900
Median Home Value

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

This space is priced 31% above the average of $15.24 /SF/Yr.

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 - A compact retail offering sits near VCU campus in Richmond.
Where is this retail space located?
The property is located at 1212 1/2 W Cary Street Richmond, VA.
What is the lease rate?
The lease rate is $1,932/Mo.
What are key features of this property?
This property features: 1,159 square feet of retail space; Near VCU campus; Building constructed in 1900
More about this property
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