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Single-Story Class A Office Building
For Lease
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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 Market439

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 Contact us

8580 Magellan Pkwy

Floor
1
Size
24,671 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Direct access to I-95, Rt 1, I-295 and Route 301 - 72,890 SF building available -...
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Listing Agency: Colliers | Richmond North
Listed By: Frank Hargrove III
Source: Moodyscre
Added: Jul 2, 2025 Changed: Aug 8 Last Checked: Sep 13 at 10:25AM

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

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.

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

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Open Analytics

Current Use

Ferrell Melissa W Foster Care Service Smithline Daurie MD Physician William Anderson, MD Physician Segura Victoria MD Physician Bon Secours Bereavement Counselor

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Pharmacy

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

88
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 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
(804) 339-2912 Call to check price and availability
More about this property
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