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    2828 Broad St Richmond, VA 23230

    Sponsored
    For Lease
    $32 SF/Yr

    Prime Retail Spaces in Scotts Addition

    Lot size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at 2828 W Broad St in Richmond, Virginia's vibrant Scotts Addition submarket. The property, part of the new Soda Flats apartment complex, offers two available retail spaces within a larger 65,000 square foot building constructed in 2022. Each space is highly adaptable, with a minimum divisible size of 1,672 square feet and a maximum contiguous space of 2,658 square feet. Currently, 4,330 square feet of retail space is available for lease. The building features convenient amenities including elevators. The property sits on a 0.38-acre lot, providing excellent visibility and accessibility. This location benefits from its proximity to the thriving Scotts Addition neighborhood, known for its trendy restaurants, shops, and residential developments. The property's modern construction and prime location make it an ideal space for a variety of retail businesses seeking a high-traffic area with strong demographics. The multi-tenant building offers a collaborative environment and the opportunity to be part of a dynamic and growing community. This is a rare chance to secure retail space in one of Richmond's most sought-after locations. Contact us today to learn more about leasing options and explore the possibilities.

    Property Features for 2828 Broad St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,000 SF
    Total Rate
    173333.33

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Space A
    Size
    2,658 SF
    Rate per SF
    $32
    Space
    Space B
    Size
    1,672 SF
    Rate per SF
    $32

    HighLights

    • 1,672 SF - 2,658 SF of retail space available for lease, totaling 4,330 SF.
    • Located in Richmond, VA's desirable Scotts Addition submarket.
    • New, 65,000 SF building with adjacent apartment complex now open.
    • High visibility, with direct frontage on W. Broad Street.
    • On‑site parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.47133851
    Latitude
    37.56331598

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Spaces in Scotts Addition
    Where is this retail property located?
    The property is located at 2828 Broad St Richmond, VA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 1,672 SF - 2,658 SF of retail space available for lease, totaling 4,330 SF.; Located in Richmond, VA's desirable Scotts Addition submarket.; New, 65,000 SF building with adjacent apartment complex now open.
    Request Owner's contact information
    2828 Broad St Richmond, VA 23230
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    Richmond, VA 23230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2828 Broad St Richmond, VA 23230
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