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Drive-Through Retail Bank Building
For Lease
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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 Market662

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

Traffic Count 17,000 vehicles/day
Road Access Yes

Spaces For Lease

at 1101 Azalea Ave Contact us

1101 Azalea Ave

Floor
Bldg
Size
2,676 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- The site is a 2,676 square foot former bank situated on an entire city block along...
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Listing Agency: CBRE | Richmond
Listed By: Pam Strieffler · License #0225045520
Source: Moodyscre
Added: Nov 19, 2024 Changed: Aug 16 Last Checked: Sep 12 at 11:37AM

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

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.

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

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Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Parking Lot & Garage Garden 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

17,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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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
(804) 201-2036 Call to check price and availability
More about this property
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