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Former Walmart Neighborhood Market Space
For Lease
$16.85 SF/Yr

7000 Iron Bridge Road, Richmond, VA 23234

41,117 SF retail space, built in 2015.

Space SizeContact for details
Lot Size5.67 Acres
Days on Market151

Property Features for 7000 Iron Bridge Road

General Information

Standard status Active
Lot size 5.67 Acres
Property subtype Retail
Listing Agency:
Listed By: Pam Strieffler
Source: Cbre
Added: Mar 25 Changed: Aug 12 Last Checked: Aug 21 at 10:04AM

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 Pam Strieffler

Investment Insights

Based on property information with market context.

This commercial property offers 41,117 square feet of space on a 5.67-acre lot. Constructed in 2015, it formerly housed a Walmart Neighborhood Market. The property is zoned C-3. The current lease term expires on September 8, 2030. Ceiling heights vary, with 15 feet 11 inches in the front and 13 feet in the rear of the building. A fueling station pad is available for lease, either in conjunction with the anchor space or separately. The property is located in Chesterfield, which is ranked #1 in population growth in the state of Virginia.

Key Highlights

  • Large building: 41,117 Sq. Ft. on 5.67 Acres
  • Former Walmart Neighborhood Market (built in 2015)
  • Lease term extends to 09/08/2030

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Repair Shop Auto Parts Store Storage Facility

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
$2.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Wendy's Dining
9,778 visits/mo 0.1 miles

Demographics for 23234, VA

46,610
Population
18,167
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
19.1 sq mi
ZIP Area
2,440
Density / Sq Mi
$63,630
Median Household Income
$37,661
Median Earnings
$1,321
Median Rent
$237,300
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • Food Lion 6425 Iron Bridge Pl, Richmond, VA 23234

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 41,117 SF retail space, built in 2015.
Where is this grocery and convenience store located?
The property is located at 7000 Iron Bridge Road Richmond, VA.
What is the lease rate?
The lease rate is $16.85 SF/Yr.
What are key features of this property?
This property features: Large building: **41,117 Sq. Ft. on 5.67 Acres**; Former Walmart Neighborhood Market (built in 2015); Lease term extends to 09/08/2030
More about this property
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