Listing Agency: Richmond - North

Listed By: Wood Thornton · License #0225183211 Show Phone

Source: Colliers

Added: Aug 28 Changed: Sep 1 Last Checked: Sep 2 at 1:23PM

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Investment Insights

Based on property information with market context.

This flex-space offering provides 26,666 square feet within Southpark Industrial Park. The property is located at 5100-5190 Commerce Rd in Richmond, Virginia 23234.

Key Highlights

• 26,666 SF of flex space
• Located within Southpark Industrial Park
• Address: 5100‑5190 Commerce Rd, Richmond, VA 23234

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Bakery Cafe & Coffee Shop Computer & Electronic Repair Barber Shop Law Firm Clothing & Fashion Store

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

37

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 23234, VA

46,610

Population

18,167

Households

2.6

Avg Household Size

35

Median Age

20%

College-Educated

80%

High-School Grad

19.1 sq mi

ZIP Area

2,440

Density / Sq Mi

$63,630

Median Household Income

$37,661

Median Earnings

$1,321

Median Rent

$237,300

Median Home Value

Market

Lease Benchmarks for Richmond, VA

$13.24 /SF/Yr

Avg Asking Price

$7.46–$15 /SF/Yr

Price Range

13,883 SF

Avg Space Size

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019

3.7% 2020

2.5% 2021

2.8% 2022

3.1% 2023

3.7% 2024

3.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Available flex space within Southpark Industrial Park.

Where is this flex space located?

The property is located at 5100-5190 Commerce Rd Richmond, VA.

What is the lease rate?

The lease rate is $26,666.

What are key features of this property?

This property features: 26,666 SF of flex space; Located within Southpark Industrial Park; Address: 5100‑5190 Commerce Rd, Richmond, VA 23234