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Medical Office with Exam Rooms
New
For Lease
$31 SF/Yr

5918 West Broad Street, Richmond, VA 23230

Renovated medical suite offers patient reception or a dedicated physician’s office, with medical gas and oxygen systems.

Space SizeContact for details
Days on Market4

Property Features for 5918 West Broad Street

General Information

Standard status Active
Property subtype Retail

Space & Availability

Space Use Medical Office
Sublease Yes
Private Offices 1

Amenities

pylon and building signage opportunities
ceiling-mounted medical gas and oxygen systems
small dedicated outdoor area for pets

Building Details

Year Renovated 2011
Listing Agency: CBRE | Richmond
Listed By: Matt Hamilton
Source: Cbre
Added: Nov 3 Last Checked: Nov 6 at 6:17AM

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 CBRE | Richmond

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Investment Insights

Based on property information with market context.

This 3,886-square-foot medical office suite was renovated in 2011. Its layout accommodates either a waiting area sized for 10–15 patients or one dedicated doctor’s office, alongside seven patient exam rooms. Ceiling-mounted medical gas and oxygen systems are installed, and a small outdoor area is designated for pets.

Pylon and building signage opportunities are available on West Broad Street. The sublease runs through May 31, 2032.

Key Highlights

  • 3,886‑square‑foot medical office suite
  • Seven patient exam rooms
  • Reception area can accommodate 10–15 patients or be configured as one dedicated doctor’s office

Property Analytics

Current Use

Medical Office 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

NNN (Triple Net)
Lease Type
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby
Well-served
Demand for This Use

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

$25 /SF/Yr
Avg Asking Price
$1.98–$40.53 /SF/Yr
Price Range
10,970 SF
Avg Space Size

This space is priced 24% above the average of $25 /SF/Yr.

Properties on Market for Medical Office Space in Richmond

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Richmond, VA

5.7% 2019
7.2% 2020
7% 2021
8.2% 2022
8.4% 2023
12.1% 2024
11.8% 2025

Similar Off Market Nearby

  • CVCA Cardiac Care For Pets — 1616 Three Chopt Rd, Henrico, VA 23233
  • Partner Veterinary Urgent Care — 1616 Three Chopt Rd, Henrico, VA 23233
  • Partner Veterinary Emergency & Specialty Center — 1616 Three Chopt Rd, Henrico, VA 23233
  • James River Veterinary Surgery — 1616 Three Chopt Rd •, Richmond, VA 23233

Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical suite offers patient reception or a dedicated physician’s office, with medical gas and oxygen systems.
Where is this medical office space located?
The property is located at 5918 West Broad Street Richmond, VA.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: 3,886‑square‑foot medical office suite; Seven patient exam rooms; Reception area can accommodate 10–15 patients or be configured as one dedicated doctor’s office
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