Listing Agency: CBRE - Akron Canton t***@cbre.com Show Phone

Listed By: Thomas Flynn Show Phone

Source: Cbre

Added: Jun 2 Changed: Aug 30 Last Checked: Aug 30 at 1:40PM

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Investment Insights

Based on property information with market context.

This retail space comprises 41,117 square feet and is identified as a former Walmart Neighborhood Market. The property is located at 5221 Brook Road in Richmond, Virginia 23227.

Key Highlights

• 41,117‑square‑foot retail space
• Former Walmart Neighborhood Market
• Located at 5221 Brook Road, Richmond, VA 23227

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

394

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

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?

Retail space - Large-format retail space at a Richmond address on Brook Road.

Where is this retail space located?

The property is located at 5221 Brook Road Richmond, VA.

What are key features of this property?

This property features: 41,117‑square‑foot retail space; Former Walmart Neighborhood Market; Located at 5221 Brook Road, Richmond, VA 23227