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    4501 Laburnum Ave Henrico, VA 23231

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    For Lease
    Contact for pricing

    Richmond, VA Shopping Center: 8 Suites Available

    Lot size:
    70,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    White Oak Village, a premier shopping center in Henrico County, Virginia, offers eight available retail spaces ranging from 1,000 to 43,560 square feet. Strategically located at the intersection of I-64 (56,532 AADT) and S Laburnum Avenue (35,748 AADT) in Richmond, VA, this center boasts exceptional visibility and accessibility. The property benefits from a strong regional draw, with the nearest major retail hub 45 miles to the east. The surrounding area demonstrates robust demographics, with a population of 136,031 within a 5-mile radius and a daytime population of 82,971, projected to grow by nearly 3% in the next five years. Richmond's thriving economy, low unemployment, pro-business environment, and presence of Fortune 1000 companies contribute to a highly desirable location. The proximity to Richmond International Airport further enhances the area's economic vitality and employment growth. A significant boost to the area's daytime population is anticipated from Facebook's new $1.75 billion, 2.4 million square foot data center located just a 15-minute drive from White Oak Village at White Oak Technology Park. This prime location presents a unique opportunity for businesses seeking high visibility and access to a growing consumer base in a rapidly expanding market. The address is 4501 S Laburnum Ave, Richmond, VA 23231.

    Property Features for 4501 Laburnum Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,018 SF

    Unit(s) available at that property

    Space
    Suite STG
    Size
    3,948 SF
    Space
    Suite 102
    Size
    1,000 SF
    Space
    Suite 180
    Size
    2,726 SF
    Space
    Publix Pad
    Size
    43,560 SF
    Space
    Suite 445
    Size
    5,045 SF
    Space
    Suite 410
    Size
    2,482 SF
    Space
    Suite 190
    Size
    7,033 SF
    Space
    Suite 570
    Size
    4,224 SF

    HighLights

    • Strong shadow anchors including Target and Lowe's, plus dominant food and beverage tenants such as Chick‑fil‑A, Panera Bread, McDonald's, and Cracker Barrel, drive substantial traffic.
    • Publix‑anchored grocery center.
    • High‑performing retail submarket with low vacancy.
    • Five ingress/egress points with dedicated turn lanes, providing ample access to White Oak Village and 2,129 parking spaces (5.26/1,000 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Kids Foot Locker Children'S Clothing Store Hibbett Sports Shoe Store QDOBA Mexican Eats Mexican Restaurant Tropical Smoothie Cafe Restaurant Wingstop Chicken Wings Restaurant

    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
    -77.353932631978
    Latitude
    37.527845685495

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    FAQs

    What type of property is this?
    Lifestyle center - Richmond, VA Shopping Center: 8 Suites Available
    Where is this lifestyle center located?
    The property is located at 4501 Laburnum Ave Henrico, VA.
    What are key features of this property?
    This property features: Strong shadow anchors including Target and Lowe's, plus dominant food and beverage tenants such as Chick-fil-A, Panera Bread, McDonald's, and Cracker Barrel, drive substantial traffic.; Publix-anchored grocery center.; High-performing retail submarket with low vacancy.
    Request Owner's contact information
    4501 Laburnum Ave Henrico, VA 23231
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    Henrico, VA 23231
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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
    4501 Laburnum Ave Henrico, VA 23231
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