Mixed-Use Development with
5820 Patterson Avenue Suite 104, Richmond, VA 23226
For Lease
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Rental residences and commercial space are integrated within one development.
Space Size120,000 SF
Lot Size4.20 Acres
Days on Market50
Property Features for 5820 Patterson Avenue Suite 104
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Road Access
Spaces For Lease
at 5820 Patterson Avenue Suite 104
#104
Active
Size
120,000 SF
Listing Agency:
Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed By:
Reilly Marchant · License VA #0225213870
(804) 697-3478
Source:
Crexi
Added: Sep 22
Changed: Nov 8
Last Checked: Nov 10 at 5:33AM
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 Cushman & Wakefield Thalhimer - Glen Allen, Virginia
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Investment Insights
Based on property information with market context.
This 4.2-acre mixed-use development includes 181 apartment units offered for rent and 120,000 SF of commercial space. Parking includes both a garage and surface spaces, with additional on-street parking on Patterson and Park Avenues.
Access to the property is available from Patterson Avenue and Park Avenue via Libbie Avenue. The property is located in Richmond, Virginia.
Access to the property is available from Patterson Avenue and Park Avenue via Libbie Avenue. The property is located in Richmond, Virginia.
Key Highlights
- 181 apartment units for rent
- 120,000 SF of commercial space
- 4.2‑acre mixed‑use development
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,815
Businesses Nearby
Explore this area
Business Placement
Demographics for 23226, VA
16,955
Population
7,827
Households
2.2
Avg Household Size
38
Median Age
75%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
3,028
Density / Sq Mi
$126,554
Median Household Income
$70,786
Median Earnings
$1,725
Median Rent
$496,300
Median Home Value
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Market
Lease Benchmarks for Richmond, VA
$9.94 /SF/Yr
Avg Asking Price
$6.85–$11.05 /SF/Yr
Price Range
7,330 SF
Avg Space Size
Vacancy Rate% for Retail in Richmond, VA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Rental residences and commercial space are integrated within one development.
Where is this mixed-use property located?
The property is located at 5820 Patterson Avenue Suite 104 Richmond, VA.
What are key features of this property?
This property features: 181 apartment units for rent; 120,000 SF of commercial space; 4.2‑acre mixed‑use development
