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Office Units with Lobby Renovations
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7201 Glen Forest Dr, Richmond, VA 23226

Office units with full-service leases at the corner of Forest Avenue and Glen Forest Drive, with lobby renovations forthcoming.

Space Size5,036 SF
Days on Market1292

Property Features for 7201 Glen Forest Dr

General Information

Standard status Active
Size 5,036 SF
Property subtype OFFICE

Spaces For Lease

at 7201 Glen Forest Dr Contact us

Forest Plaza I

Floor
3
Size
5,036 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- Building signage opportunity - Lobby renovations forthcoming - Trolley House Grab-N-Go...
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Listing Agency: CBRE | Richmond
Listed By: Andrew Ferguson
Source: Moodyscre
Added: Jan 25, 2023 Changed: Aug 8 Last Checked: Aug 8 at 10:45AM

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

Investment Insights

Based on property information with market context.

Office units totaling 5,036 SF with building signage opportunity and lobby renovations forthcoming. Full-service leases are available for tenant convenience.

The property is located at the corner of Forest Avenue and Glen Forest Drive in Richmond, VA, with easy access to I-64. Retail amenities at Reynolds Crossing are also within easy reach.

On-site amenities referenced in the campus include the Trolley House Grab-N-Go Canteen on the 1st floor of the Arrington Building, along with a campus fitness center in the Forest Plaza II building.

Key Highlights

  • 5,036 SF office units
  • Building signage opportunity
  • Lobby renovations forthcoming

Property Analytics

Current Use

Robin Johnson Real ... Real Estate Agency Philip Innes with ... Real Estate Agency The Wright Team The Right ... Real Estate Agency RE/MAX Commonwealth - Lisa ... Real Estate Agency Ryan C. Medlin ... Real Estate Agency

Suggested Use

Top Pick Hair Salon Building Supply Auto Parts Store Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,418
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

$15.95 /SF/Yr
Avg Asking Price
$8.47–$22 /SF/Yr
Price Range
6,845 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office units with full-service leases at the corner of Forest Avenue and Glen Forest Drive, with lobby renovations forthcoming.
Where is this office units located?
The property is located at 7201 Glen Forest Dr Richmond, VA.
What are key features of this property?
This property features: 5,036 SF office units; Building signage opportunity; Lobby renovations forthcoming
(804) 909-3937 Call to check price and availability
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