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Retail Box With Rear Loading
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For Lease
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5430 West Broad Street, Richmond, VA 23230

Warm-shell retail space with new building systems, storefront glazing, and dedicated loading access within a redeveloping center.

Space Size42,775 SF
Days on Market7

Property Features for 5430 West Broad Street

General Information

Standard status Active
Size 42,775 SF
Net Rentable 42,775 SF
Property subtype Retail

Space & Availability

Available Space 42,775 SF
Contiguous Space 42,775 SF
Space Use Retail
Sublease Yes

Additional Details

Anchor Co-Tenants HomeGoods, Shake Shack, Celebree School
Sprinkler System Yes

Amenities

dedicated rear loading
signalized intersection

Building Details

Building Size 42,775 SF
Tenancy Single

Spaces For Lease

at 5430 West Broad Street Contact us

Space 1

Size
42,775 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Segall Group
Listed By: Spotty Robins · License #VA - 022524030
Source: Crexi
Added: Aug 28 Changed: Sep 2 Last Checked: Sep 2 at 2:16PM

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 Segall Group

Investment Insights

Based on property information with market context.

A 42,775-square-foot retail box is available for sublease at Willow Place in Richmond. The space is delivered in warm-shell condition within a 93,592-square-foot retail center, providing a substantial format for retail occupancy in a redeveloping commercial setting.

Building improvements include a new envelope, roof, structural system, sprinkler installation, primary electrical service, rooftop HVAC, and storefront glazing. Dedicated rear loading is also in place. The center is positioned on West Broad Street at a signalized intersection, with co-tenancy that includes HomeGoods, Shake Shack, and Celebree School.

Key Highlights

  • 42,775 SF retail box available for sublease
  • Located within a 93,592 SF retail center at Willow Place
  • Warm‑shell delivery with new building envelope, roof, and structural system

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Garden Center Kitchen & Bath Showroom Hair Salon

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

Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Chick-fil-A Dining
47,494 visits/mo 0.0 miles

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

$17.2 /SF/Yr
Avg Asking Price
$5.13–$30.99 /SF/Yr
Price Range
7,301 SF
Avg Space Size

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 - Warm-shell retail space with new building systems, storefront glazing, and dedicated loading access within a redeveloping center.
Where is this retail space located?
The property is located at 5430 West Broad Street Richmond, VA.
What are key features of this property?
This property features: 42,775 SF retail box available for sublease; Located within a 93,592 SF retail center at Willow Place; Warm‑shell delivery with new building envelope, roof, and structural system
More about this property
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