Listing Agency: Richmond - North

Listed By: Catherine Walker · License #0225238205 Show Phone

Source: Colliers

Added: Sep 21 Changed: Sep 22 Last Checked: Oct 5 at 3:09PM

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Investment Insights

Based on property information with market context.

This 1,350-square-foot office unit is located at 4821 Bethlehem Road in Richmond, Virginia. The property is identified as office space within the Bethlehem Road business corridor.

Key Highlights

• 1,350‑square‑foot office unit
• Located at 4821 Bethlehem Road
• Richmond, VA 23230

Property Analytics

Current Use

Dress for Success Central ... Charitable Organization Greygate LLC General Contractor

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Hotel & Motel Grocery & Convenience Store Barber Shop Storage Facility

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

900

Businesses Nearby

Explore this area Business Placement

Demographics for 23230, VA

8,263

Population

5,066

Households

1.6

Avg Household Size

35

Median Age

52%

College-Educated

89%

High-School Grad

4.3 sq mi

ZIP Area

1,922

Density / Sq Mi

$71,189

Median Household Income

$55,121

Median Earnings

$1,608

Median Rent

$343,500

Median Home Value

Market

Lease Benchmarks for Richmond, VA

$13.67 /SF/Yr

Avg Asking Price

$1.1–$24.5 /SF/Yr

Price Range

8,855 SF

Avg Space Size

This space is priced 12% below the average of $13.67 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space suited to a professional business setting in Richmond.

Where is this office units located?

The property is located at 4821 Bethlehem Rd Richmond, VA.

What is the lease rate?

The lease rate is $1,350/Mo.

What are key features of this property?

This property features: 1,350‑square‑foot office unit; Located at 4821 Bethlehem Road; Richmond, VA 23230