7502 W Broad St Richmond, VA 23294

Listing Agency: JLL - Washington, D.C. Show Phone

Listed By: Jordan Lex · License #DC SP98373803

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 12:43AM

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Investment Insights

Based on property information with market context.

Merchants Walk is a grocery-anchored shopping center offered for sale with a 219,972-square-foot leasehold interest. The property is reported as 98% leased and anchored by Food Lion, a subsidiary of Ahold Delhaize, with a lease term through August 2027. The tenant mix is described as value-oriented and positioned to serve the surrounding community.

The center is prominently located on West Broad Street, with 41,600 VPD reported for the thoroughfare. The surrounding submarket is described as densely populated, with 97,366 people within three miles and average household incomes of $86,546 within three miles.

Merchants Walk is presented as a stabilized retail asset backed by its grocery anchor and an in-place tenant base.

Key Highlights

• 219,972 SF grocery‑anchored shopping center leasehold interest in Richmond, VA
• 98% leased with Food Lion as the anchor tenant
• Food Lion lease term through August 2027; Food Lion is a subsidiary of Ahold Delhaize

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Similar Off Market Nearby

• Rva Collections — W Broad St, Richmond, VA 23294
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FAQs

What type of property is this?

Shopping center - Grocery-anchored shopping center anchored by Food Lion and located on West Broad Street in Richmond.

Where is this shopping center located?

The property is located at 7502 W Broad St Richmond, VA.

What are key features of this property?

This property features: 219,972 SF grocery‑anchored shopping center leasehold interest in Richmond, VA; 98% leased with Food Lion as the anchor tenant; Food Lion lease term through August 2027; Food Lion is a subsidiary of Ahold Delhaize