Office Building in Life Sciences Research
For Lease
Contact for pricing
506-737 N 5th St, Richmond, VA 23219
9,000 SF office building within a life sciences research park adjacent to VCU Medical Center, with parking and bike racks.
Property Size9,000 SF
Lot Size34.00 Acres
Days on Market520
Property Features for 506-737 N 5th St
General Information
Standard status
Active
Size
9,000 SF
Lot size
34.00 Acres
Property subtype
OFFICE
Amenities
Admittance to all bio+tech park events
Monthly food trucks
Membership to Virginia Bio Association
Enterprise zone incentive program
Parking available
Bike racks
RVA bikeshare station
Discounted pricing with ARC3 gases
Listing Agency:
JLL | Richmond
(804) 200-6420
Listed By:
Jimmy Appich · License #0225043590R
Source:
Moodyscre
Added: Feb 27, 2025
Changed: Jul 30
Last Checked: Jul 31 at 10:39AM
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 | Richmond
Investment Insights
Based on property information with market context.
This 9,000 SF office building is located within the Virginia Bio Technology Research Park, a 1.2 million SF life sciences community on a 34-acre campus in downtown Richmond. The campus is adjacent to the VCU Medical Center and brings together private sector companies, research institutes, non-profits, and state and federal laboratories.
The park is home to more than 70 private and non-profit companies, state and federal laboratories, and research institutes, with over 2,400 researchers, scientists, engineers, and support personnel on-site. Amenities within the tech park include admittance to bio+tech park events and monthly food trucks, along with membership to the Virginia Bio Association. An enterprise zone incentive program is also available.
On-site circulation and commuting support include parking, bike racks, and an RVA bikeshare station. The property is at 506-737 N 5th St, and the park is described as being in the center of downtown Richmond within walking distance to VCU, the Capitol, and hotels and restaurants.
The park is home to more than 70 private and non-profit companies, state and federal laboratories, and research institutes, with over 2,400 researchers, scientists, engineers, and support personnel on-site. Amenities within the tech park include admittance to bio+tech park events and monthly food trucks, along with membership to the Virginia Bio Association. An enterprise zone incentive program is also available.
On-site circulation and commuting support include parking, bike racks, and an RVA bikeshare station. The property is at 506-737 N 5th St, and the park is described as being in the center of downtown Richmond within walking distance to VCU, the Capitol, and hotels and restaurants.
Key Highlights
- 9,000 SF office building within the Virginia Bio Technology Research Park
- Virginia Bio Technology Research Park spans 1.2 million SF on a 34‑acre downtown campus
- Adjacent to the VCU Medical Center with access to a life sciences campus community
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 23219, VA
5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value
Market
Vacancy Rate% for Office in Richmond, VA
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Frequently Asked Questions
What type of property is this?
Office building - 9,000 SF office building within a life sciences research park adjacent to VCU Medical Center, with parking and bike racks.
Where is this office building located?
The property is located at 506-737 N 5th St Richmond, VA.
What are key features of this property?
This property features: 9,000 SF office building within the Virginia Bio Technology Research Park; Virginia Bio Technology Research Park spans 1.2 million SF on a 34‑acre downtown campus; Adjacent to the VCU Medical Center with access to a life sciences campus community
