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    1200-1300 Concord Ave Henrico, VA 23228

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    For Lease
    Contact for pricing

    Prime Retail Space in Henrico, VA

    Lot size:
    87,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 1,600 square feet of vacant space within the established Hungary Brook Shopping Center, a 87,190 square foot center located at 1200-1300 Concord Avenue in Richmond, Virginia, zip code 23228. Situated on a 0.75-acre lot in Henrico County, this property boasts a highly desirable location at the intersection of Brook Road and East Parham Road, offering convenient access to Interstate 95 via East Parham Road. The center is anchored by a Food Lion and a Dollar Tree, ensuring high foot traffic and strong visibility for your business. Built in 1988, the property is part of a thriving neighborhood center, providing a well-established customer base. The available space is ideal for a variety of retail uses and presents a unique chance to establish a presence in a busy and convenient location. The entire shopping center consists of a single suite, making this a unique opportunity for a single tenant to occupy the available space. This property offers excellent potential for growth and profitability within a well-established retail environment. The 1,600 square feet of vacant space provides ample room for a variety of retail businesses. Don't miss this chance to secure a prime retail location in a high-traffic area of Richmond, Virginia.

    Property Features for 1200-1300 Concord Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,190 SF

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Retail Pad
    Size
    0 SF
    Space
    Suite 7
    Size
    1,600 SF

    HighLights

    • 1,600 SF retail space available in Suite 7, November 2024.
    • Outparcel available for lease.
    • Located at Brook Road and E. Parham Road intersection.
    • Direct I‑95 access via E. Parham Road.
    • Less than one mile from J. Sargeant Reynolds Community College (12,000 students).
    • Ideal for specialty shops and service retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4607408
    Latitude
    37.6375742

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space in Henrico, VA
    Where is this retail property located?
    The property is located at 1200-1300 Concord Ave Henrico, VA.
    What are key features of this property?
    This property features: 1,600 SF retail space available in Suite 7, November 2024.; Outparcel available for lease.; Located at Brook Road and E. Parham Road intersection.
    Request Owner's contact information
    1200-1300 Concord Ave Henrico, VA 23228
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    Henrico, VA 23228
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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
    1200-1300 Concord Ave Henrico, VA 23228
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