Listing Agency: CBRE - Richmond m***@cbre.com Show Phone

Listed By: Matt Hamilton Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 11 Last Checked: Aug 22 at 8:34AM

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Investment Insights

Based on property information with market context.

This commercial real estate property offers a full building lease option with 20,148 square feet of space. Located off vibrant Broad Street, the property is in close proximity to over 2,100 new apartments. Parking is available at a ratio of 2 spaces per 1,000 square feet, with the potential for additional parking. Spec suites are available, ranging in size from 1,000 square feet up to 10,074 square feet. The property size is 24,440 square feet.

Key Highlights

• 20,148 SF full building lease.
• Located off vibrant Broad Street.
• 2/1,000 SF free parking with potential for more.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Nail Salon Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Daycare Center

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

1,400

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Office in Richmond, VA

5.7% 2019

7.2% 2020

7% 2021

8.2% 2022

8.4% 2023

12.1% 2024

11.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office building for lease near vibrant Broad Street.

Where is this office building located?

The property is located at 2315 & 2317 Westwood Avenue Richmond, VA.

What are key features of this property?

This property features: 20,148 SF full building lease.; Located off vibrant Broad Street.; 2/1,000 SF free parking with potential for more.