Grocery-Anchored Retail Shopping
For Sale
Contact for pricing
Pending
7502 W Broad St, Richmond, VA 23294
Grocery-anchored shopping center anchored by Food Lion and located on West Broad Street in Richmond.
Property Size219,972 SF
Days on Market124
Property Features for 7502 W Broad St
General Information
Standard status
Pending
Size
219,972 SF
Property subtype
Retail
Occupancy
98%
Site & Location
Traffic Count
41,600 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
JLL - Washington, D.C.
(202) 533-2517
Listed By:
Jordan Lex · License #DC SP98373803
Source:
Crexi
Added: Apr 11
Changed: Aug 10
Last Checked: Aug 12 at 5:52AM
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 JLL - Washington, D.C.
Investment Insights
Based on property information with market context.
Merchants Walk is a grocery-anchored shopping center offered for sale with a 219,972-square-foot leasehold interest. The property is reported as 98% leased and anchored by Food Lion, a subsidiary of Ahold Delhaize, with a lease term through August 2027. The tenant mix is described as value-oriented and positioned to serve the surrounding community.
The center is prominently located on West Broad Street, with 41,600 VPD reported for the thoroughfare. The surrounding submarket is described as densely populated, with 97,366 people within three miles and average household incomes of $86,546 within three miles.
Merchants Walk is presented as a stabilized retail asset backed by its grocery anchor and an in-place tenant base.
The center is prominently located on West Broad Street, with 41,600 VPD reported for the thoroughfare. The surrounding submarket is described as densely populated, with 97,366 people within three miles and average household incomes of $86,546 within three miles.
Merchants Walk is presented as a stabilized retail asset backed by its grocery anchor and an in-place tenant base.
Key Highlights
- 219,972 SF grocery‑anchored shopping center leasehold interest in Richmond, VA
- 98% leased with Food Lion as the anchor tenant
- Food Lion lease term through August 2027; Food Lion is a subsidiary of Ahold Delhaize
Property Analytics
Property Profile
Current Use
Lease Details
41,600 VPD
Traffic count
98%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,880
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23294, VA
18,538
Population
8,745
Households
2.1
Avg Household Size
34
Median Age
39%
College-Educated
91%
High-School Grad
4.2 sq mi
ZIP Area
4,414
Density / Sq Mi
$66,587
Median Household Income
$46,387
Median Earnings
$1,553
Median Rent
$279,600
Median Home Value
Market
Vacancy Rate% for Retail in Richmond, VA
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Similar Off Market Nearby
- Rva Collections — W Broad St, Richmond, VA 23294
- Merchants Walk Shopping Center — 7580 W Broad St, Henrico, VA 23294
- Olde Town Shopping Center — 7801 W Broad St, Richmond, VA 23294
- Hungary Spring Shopping Center — 2735 Hungary Spring Rd, Henrico, VA 23294
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 7804 W Broad St, Richmond, VA 23294-6301
Frequently Asked Questions
What type of property is this?
Shopping center - Grocery-anchored shopping center anchored by Food Lion and located on West Broad Street in Richmond.
Where is this shopping center located?
The property is located at 7502 W Broad St Richmond, VA.
What are key features of this property?
This property features: 219,972 SF grocery‑anchored shopping center leasehold interest in Richmond, VA; 98% leased with Food Lion as the anchor tenant; Food Lion lease term through August 2027; Food Lion is a subsidiary of Ahold Delhaize
