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    5309 Commonwealth Centre Pkwy Midlothian, VA 23112

    Sponsored
    For Lease
    Contact for pricing

    Premium Office Suites Available Now

    Lot size:
    4,546 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 5309 Commonwealth Centre Pkwy in Midlothian, Virginia, offers a prime opportunity for businesses seeking a prestigious address in Chesterfield County. The Commonwealth Centre boasts a total of 4,546 square feet, currently entirely vacant and available for lease. Two distinct spaces are available, providing flexibility for various business needs. One option offers a minimum of 1,936 square feet, while the maximum contiguous space available is 2,610 square feet. This allows for businesses of different sizes to find a suitable fit within this modern and well-maintained building. The property's convenient location in Midlothian, Virginia (zip code 23112), provides easy access to major transportation routes and amenities, making it an ideal location for both employees and clients. The building's executive office subtype ensures a professional and sophisticated environment, perfect for businesses seeking to project an image of success and stability. The entire 4,546 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to occupy the available spaces. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable location.

    Property Features for 5309 Commonwealth Centre Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,546 SF

    Unit(s) available at that property

    Space
    Suite 102
    Size
    2,610 SF
    Space
    Suite 106
    Size
    1,936 SF

    HighLights

    • Executive office space totaling 4,546 square feet available for lease in Midlothian, VA (23112).
    • Two suites available: minimum 1,936 SF, maximum contiguous 2,610 SF.
    • Building amenities include a state‑of‑the‑art conference center with various meeting rooms, lounge, bar area, AV equipment, outdoor patio, and food trucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cjw Sports Medicine Medical Clinic tobu advisors Business Management Consultant Gig Worker Solutions Business Administration Service FedEx Drop Box Mailing Service ANCHOR INSURANCE GROUP Insurance Agency

    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
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6264574
    Latitude
    37.4179827

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Office Suites Available Now
    Where is this office property / space located?
    The property is located at 5309 Commonwealth Centre Pkwy Midlothian, VA.
    What are key features of this property?
    This property features: Executive office space totaling 4,546 square feet available for lease in Midlothian, VA (23112).; Two suites available: minimum 1,936 SF, maximum contiguous 2,610 SF.; Building amenities include a state-of-the-art conference center with various meeting rooms, lounge, bar area, AV equipment, outdoor patio, and food trucks.
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    5309 Commonwealth Centre Pkwy Midlothian, VA 23112
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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
    5309 Commonwealth Centre Pkwy Midlothian, VA 23112
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