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Functional Office Layout
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6720 Patterson Ave, Richmond, VA 23226

Office space with a functional layout suited for general office or medical use.

Property Size1,658 SF
Days on Market584

Property Features for 6720 Patterson Ave

General Information

Standard status Active
Size 1,658 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 31 Last Checked: Jul 31 at 2:41AM

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.

This office space features a functional layout designed to support general office or medical use. The space is configured for practical day-to-day workflows, making it suitable for office tenants looking for a straightforward plan.

The property is in an excellent location fronting Patterson Avenue. It sits blocks from the Village Shopping Center and the new Ukrop’s Food Hall, placing it within a nearby retail and dining environment.

For tenants seeking a flexible office space with an office-forward layout in a convenient, fronting location, this offering provides a workable option for both general office and medical users.

Key Highlights

  • 1,658 SF office space
  • Functional office layout for general office or medical use
  • Fronts 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
$2.55 /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 31% 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 space with a functional layout suited for general office or medical use.
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 $17 SF/Yr.
What are key features of this property?
This property features: 1,658 SF office space; Functional office layout for general office or medical use; Fronts Patterson Avenue
(804) 228-4932 Call to check price and availability
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