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7229 Forest Ave, Richmond, VA 23226

Office space in Highland I and Highland II within Glen Forest Office Park, with plentiful parking and a newly renovated lobby in Highland II.

Property Size3,964 SF
Days on Market907

Property Features for 7229 Forest Ave

General Information

Standard status Active
Size 3,964 SF
Property subtype OFFICE
Listing Agency: Cushman & Wakefield | Thalhimer - Corporate
Listed By: Kate Hosko
Source: Moodyscre
Added: Feb 6, 2024 Changed: Jul 26 Last Checked: Aug 1 at 8:49AM

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 Cushman & Wakefield | Thalhimer - Corporate

Investment Insights

Based on property information with market context.

Highland I and Highland II are office buildings located within the Glen Forest Office Park, an 11-building portfolio totaling 567,000 square feet. The park spans 84 acres near the intersection of Interstate 64 and Glenside Drive. Highland I and II offer available office space that can accommodate a range of tenant sizes from 1,279 to 18,790 square feet.

Highland II features a newly renovated lobby. Both buildings provide plentiful parking and access to numerous nearby amenities, supported by the office park’s location in western Henrico. The buildings are positioned minutes from Henrico Doctors Hospital and about 10 minutes to Short Pump and Scott’s Addition.

Key Highlights

  • Highland I and II office space in Glen Forest Office Park, an 11‑building portfolio totaling 567,000 SF in western Henrico
  • Office Park spans 84 acres near the intersection of I‑64 and Glenside Dr
  • Available suite sizes can accommodate tenants from 1,279 to 18,790 SF

Property Analytics

Current Use

Pediatric & Adolescent Ability Pediatrician Freeman Morgan Architects Architect Highland II Business Service Center jan elliott evans Physician Laboratory Corporation-Amer Main ... Medical Laboratory

Suggested Use

Top Pick Building Supply Hair Salon Auto Parts Store Spa & Massage Center Storage Facility Nail Salon

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

1,418
Businesses Nearby

Demographics for 23226, VA

16,955
Population
7,827
Households
2.2
Avg Household Size
38
Median Age
75%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
3,028
Density / Sq Mi
$126,554
Median Household Income
$70,786
Median Earnings
$1,725
Median Rent
$496,300
Median Home Value

Market

Lease Benchmarks for Richmond, VA

$24.66 /SF/Yr
Avg Asking Price
$8.47–$180 /SF/Yr
Price Range
16,848 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office space in Highland I and Highland II within Glen Forest Office Park, with plentiful parking and a newly renovated lobby in Highland II.
Where is this office units located?
The property is located at 7229 Forest Ave Richmond, VA.
What are key features of this property?
This property features: Highland I and II office space in Glen Forest Office Park, an 11‑building portfolio totaling 567,000 SF in western Henrico; Office Park spans 84 acres near the intersection of I‑64 and Glenside Dr; Available suite sizes can accommodate tenants from 1,279 to 18,790 SF
(804) 344-7189 Call to check price and availability
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