Drive-Through Retail Bank
For Lease
Contact for pricing
1101 Azalea Ave, Richmond, VA 23227
Former bank on a full city block with two full access points and a three-lane drive-thru.
Space Size2,676 SF
Lot Size0.66 Acres
Days on Market707
Property Features for 1101 Azalea Ave
General Information
Standard status
Active
Size
2,676 SF
Lot size
0.66 Acres
Property subtype
RETAIL
Zoning
B-2
Site & Location
Neighborhood
Gnp
Traffic Count
17,000 vehicles/day
Road Access
Yes
Spaces For Lease
at 1101 Azalea Ave
1101 Azalea Ave
AVAILABLE, Now
Floor
Bldg
Size
2,676 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- The site is a 2,676 square foot former bank situated on an entire city block along Azalea Avenue north of downtown Richmond, Virginia.
- Highly visible along the corridor and from flanking lighted intersections, the site enjoys two (2) full access points, a three-lane drive-thru, and a large unobstructed pylon sign.
- Land Area: 0.6608 AC
- 2,676 SF existing bank building
- $850,000 for sale, $23.00 PSF for lease
- Two full access points along Azalea Avenue
- Three existing drive-thru lanes
- 17,000+ vehicles per day directly in front of the site
- B-2 – Business (Community Business) zoning allows for a wide range of retail/ commercial uses
- Highest & Best Uses include: Bank, Coffee, QSR (quick service restaurant), Redevelopment
Contact us
Listing Agency:
CBRE | Richmond
(804) 401-4000
Listed By:
Pam Strieffler · License #0225045520
(804) 201-2036
Source:
Moodyscre
Added: Nov 19, 2024
Changed: Oct 25
Last Checked: Oct 26 at 6:12PM
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 CBRE | Richmond
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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 2,676-square-foot former bank building is offered for lease and sits on an entire city block. The property includes two full access points along Azalea Avenue, plus a three-lane drive-thru configuration.
The site is positioned along a highly visible corridor and can be seen from flanking lighted intersections. A large, unobstructed pylon sign supports street-level visibility, and the property is described as having 17,000+ vehicles per day directly in front of the site.
Zoned B-2 (Business/Community Business), the highest and best uses listed for the property include bank, coffee, and QSR, as well as redevelopment.
The site is positioned along a highly visible corridor and can be seen from flanking lighted intersections. A large, unobstructed pylon sign supports street-level visibility, and the property is described as having 17,000+ vehicles per day directly in front of the site.
Zoned B-2 (Business/Community Business), the highest and best uses listed for the property include bank, coffee, and QSR, as well as redevelopment.
Key Highlights
- 2,676 SF former bank on a full city block (0.6608 AC) on Azalea Avenue north of downtown Richmond, VA
- Two full access points along Azalea Avenue and a three‑lane drive‑thru configuration
- Large unobstructed pylon sign and strong corridor visibility from lighted intersections
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 23227, VA
25,283
Population
13,351
Households
1.9
Avg Household Size
45
Median Age
47%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,199
Density / Sq Mi
$70,537
Median Household Income
$45,315
Median Earnings
$1,306
Median Rent
$329,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Richmond, VA
Frequently Asked Questions
What type of property is this?
Bank - Former bank on a full city block with two full access points and a three-lane drive-thru.
Where is this bank located?
The property is located at 1101 Azalea Ave Richmond, VA.
What are key features of this property?
This property features: 2,676 SF former bank on a full city block (0.6608 AC) on Azalea Avenue north of downtown Richmond, VA; Two full access points along Azalea Avenue and a three‑lane drive‑thru configuration; Large unobstructed pylon sign and strong corridor visibility from lighted intersections
