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    7580 Broad Street Rd Richmond, VA 23294

    Sponsored
    For Lease
    Contact for pricing

    Richmond, VA Executive Office Space

    Lot size:
    220,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Merchants Walk offers prime executive office space in Henrico County, Virginia. Located at 7580 West Broad Street (Route 250), this Class B building boasts a total of 220,000 square feet and features four suites. Currently, 7,598 square feet of space is available, divisible into units ranging from a minimum of 980 square feet to a maximum contiguous space of 3,083 square feet. The building is situated in a high-traffic area along Richmond's premier commercial corridor, West Broad Street, and is part of a larger multi-anchor center including a Food Lion. This location provides excellent visibility and accessibility for businesses seeking a prominent presence in the Richmond market. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements, making it an ideal option for a variety of businesses. The available space presents a unique opportunity to establish or expand operations in a thriving commercial environment within Henrico County, zip code 23294. The property is conveniently located at 37.618977 latitude and -77.5237015 longitude.

    Property Features for 7580 Broad Street Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    220,000 SF
    Class
    B

    Unit(s) available at that property

    Space
    Space 29
    Size
    2,167 SF
    Space
    Space 73
    Size
    980 SF
    Space
    Space 89
    Size
    1,368 SF
    Space
    Space 21
    Size
    3,083 SF

    HighLights

    • 980‑3,083 square feet of available space.
    • Excellent location with strong national retailer co‑tenancy.
    • Convenient access to major roadways and interstates.
    • High traffic counts: W Broad St (31,000 VPD), Staples Mill Rd (31,000 VPD), I‑64 (95,000 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5237015
    Latitude
    37.618977

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    FAQs

    What type of property is this?
    Office Property / Space - Richmond, VA Executive Office Space
    Where is this office property / space located?
    The property is located at 7580 Broad Street Rd Richmond, VA.
    What are key features of this property?
    This property features: 980-3,083 square feet of available space.; Excellent location with strong national retailer co-tenancy.; Convenient access to major roadways and interstates.
    Request Owner's contact information
    7580 Broad Street Rd Richmond, VA 23294
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    Richmond, VA 23294
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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
    7580 Broad Street Rd Richmond, VA 23294
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