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Office Units with Functional Layout
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6720 Patterson Ave, Richmond, VA 23226

Office units with a functional layout suited for general office or medical use, fronting Patterson Avenue in Richmond.

Property Size1,568 SF
Days on Market584

Property Features for 6720 Patterson Ave

General Information

Standard status Active
Size 1,568 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Space Use Office
Road Access Yes
Listing Agency: Commonwealth Commercial
Listed By: Tucker Dowdy · License #0225204938
Source: Moodyscre
Added: Dec 24, 2024 Changed: Jul 29 Last Checked: Jul 30 at 2:08PM

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 Commonwealth Commercial

Investment Insights

Based on property information with market context.

These office units offer a functional layout designed to support both general office and medical user needs. The space is available for rent and totals 1,568 square feet.

Located at 6720 Patterson Ave in Richmond, the property fronts Patterson Avenue and is positioned within blocks of the Village Shopping Center and the new Ukrop’s Food Hall.

Key Highlights

  • 1,568 square feet of office units available for rent
  • Functional office layout for general office or medical user
  • Fronting Patterson Avenue

Property Analytics

Current Use

Caitlin Robertson Foster Care Service James E Sellman ... Physician Letitia Brown LCSW Psychotherapist Med Outcomes Vocational School Las Realty Real Estate Agency

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Barber Shop Bakery Accounting Firm

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
Paved road access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

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

Market

Lease Benchmarks for Richmond, VA

$24.66 /SF/Yr
Avg Asking Price
$8.47–$180 /SF/Yr
Price Range
16,848 SF
Avg Space Size

This space is priced 33% below the average of $24.66 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office units with a functional layout suited for general office or medical use, fronting Patterson Avenue in Richmond.
Where is this office units located?
The property is located at 6720 Patterson Ave Richmond, VA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 1,568 square feet of office units available for rent; Functional office layout for general office or medical user; Fronting Patterson Avenue
(804) 228-4932 Call to check price and availability
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