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Freestanding Retail Building with Parking
For Lease
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4504 Jefferson Davis Highway, Richmond, VA 23234

Freestanding retail building on a large site with ample parking and strong frontage along a major corridor.

Property Size2,528 SF
Lot Size0.86 Acres
Days on Market16

Property Features for 4504 Jefferson Davis Highway

General Information

Standard status Active
Size 2,528 SF
Lot size 0.86 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1985
Listing Agency:
Listed By: Pam Strieffler
Source: Cbre
Added: Jul 15 Last Checked: Jul 30 at 3:18AM

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 Pam Strieffler

Investment Insights

Based on property information with market context.

4504 Jefferson Davis Highway is a freestanding retail opportunity improved with approximately 2,528 square feet built in 1985 on approximately 0.86 acres. The site includes ample parking, site access, and circulation suited to customer convenience.

The property is positioned along Jefferson Davis Highway (Richmond Highway), a heavily traveled commercial corridor offering visibility and exposure to both local residents and commuter traffic between the City of Richmond, Chesterfield County, and the I-95 corridor.

A sublease is available for consumer-oriented uses. The location is described as well suited for restaurant, quick-service restaurant (QSR), retail, service retail, or other similar customer-facing concepts, with the generous site size providing flexibility for customer parking and potential outdoor service components, subject to landlord and municipal approvals.

Key Highlights

  • Freestanding retail building on 0.86 acres along heavily traveled Jefferson Davis Highway (Richmond Highway)
  • Approximately 2,528 SF built in 1985
  • Strong frontage and exposure along one of Richmond’s primary commercial corridors

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Building Supply Pharmacy Spa & Massage 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby

Demographics for 23234, VA

46,610
Population
18,167
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
19.1 sq mi
ZIP Area
2,440
Density / Sq Mi
$63,630
Median Household Income
$37,661
Median Earnings
$1,321
Median Rent
$237,300
Median Home Value

Market

Lease Benchmarks for Richmond, VA

$18.22 /SF/Yr
Avg Asking Price
$5.13–$33.94 /SF/Yr
Price Range
28,088 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail building on a large site with ample parking and strong frontage along a major corridor.
Where is this retail space located?
The property is located at 4504 Jefferson Davis Highway Richmond, VA.
What are key features of this property?
This property features: Freestanding retail building on 0.86 acres along heavily traveled Jefferson Davis Highway (Richmond Highway); Approximately 2,528 SF built in 1985; Strong frontage and exposure along one of Richmond’s primary commercial corridors
More about this property
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