Single-Story Class A Office
For Lease
Contact for pricing
8580 Magellan Pkwy, Richmond, VA 23227
Single-story Class A office building with monument signage, ample parking, and generator backup power for business continuity.
Space Size24,671 SF
Days on Market486
Property Features for 8580 Magellan Pkwy
General Information
Standard status
Active
Size
24,671 SF
Property subtype
OFFICE
Spaces For Lease
at 8580 Magellan Pkwy
8580 Magellan Pkwy
AVAILABLE, Now
Floor
1
Size
24,671 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- Direct access to I-95, Rt 1, I-295 and Route 301
- 72,890 SF building available
- Single story, class A office building
- Professionally managed
- Monument signage available
- Ample parking - 4.64/1,000 SF
- Full building backup generators
- Proximity to Virginia Center Commons redevelopment
Contact us
Listing Agency:
Colliers | Richmond North
(804) 320-5500
Listed By:
Frank Hargrove III
(804) 339-2912
Source:
Moodyscre
Added: Jul 2, 2025
Changed: Oct 25
Last Checked: Oct 30 at 12:26PM
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 Colliers | Richmond North
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story Class A office building offers a professionally managed setting and a total building available of 72,890 SF. The property includes monument signage and ample parking calculated at 4.64 spaces per 1,000 SF, supporting day-to-day tenant and visitor access. Full building backup generators are also provided.
Access is highlighted by direct connectivity to I-95, Route 1, I-295, and Route 301. The property is located in proximity to the Virginia Center Commons redevelopment, placing it within an active retail redevelopment area.
As a single-story office asset with full building backup power and on-site parking, it is well suited for organizations seeking a streamlined layout and uninterrupted power support.
Access is highlighted by direct connectivity to I-95, Route 1, I-295, and Route 301. The property is located in proximity to the Virginia Center Commons redevelopment, placing it within an active retail redevelopment area.
As a single-story office asset with full building backup power and on-site parking, it is well suited for organizations seeking a streamlined layout and uninterrupted power support.
Key Highlights
- Single‑story Class A office building with 72,890 SF
- Direct access to I‑95, Rt 1, I‑295, and Route 301
- Ample parking at 4.64/1,000 SF
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 23227, VA
25,283
Population
13,351
Households
1.9
Avg Household Size
45
Median Age
47%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,199
Density / Sq Mi
$70,537
Median Household Income
$45,315
Median Earnings
$1,306
Median Rent
$329,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Richmond, VA
$14.49 /SF/Yr
Avg Asking Price
$10.31–$21.5 /SF/Yr
Price Range
14,945 SF
Avg Space Size
Vacancy Rate% for Office in Richmond, VA
Frequently Asked Questions
What type of property is this?
Office building - Single-story Class A office building with monument signage, ample parking, and generator backup power for business continuity.
Where is this office building located?
The property is located at 8580 Magellan Pkwy Richmond, VA.
What are key features of this property?
This property features: Single‑story Class A office building with 72,890 SF; Direct access to I‑95, Rt 1, I‑295, and Route 301; Ample parking at 4.64/1,000 SF
