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    4320-4368 Laburnum Ave Henrico, VA 23231

    Sponsored
    For Lease
    $22 SF/Yr

    Henrico County retail space for lease.

    Lot size:
    103,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Laburnum Park, a vibrant neighborhood center in Henrico County, Virginia, offers exceptional retail leasing opportunities. This 103,160 square foot strip center, built in 1988, is strategically located at the intersection of Laburnum Avenue and Gay Avenue, boasting direct frontage on Laburnum Avenue. Its convenient location offers easy access from I-64 and places it directly across from White Oak Village, ensuring high visibility and foot traffic. The property features a dedicated turn lane, prominent pylon signage, and a signalized intersection for optimal accessibility. Multiple tenancy options are available, with spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 4,400 square feet. Currently, 6,500 square feet of retail space is available for lease. This presents a unique opportunity for businesses seeking a well-established location within a thriving community. The property's prime location and excellent visibility make it an ideal choice for a variety of retail uses. Contact us today to learn more about the available spaces and lease terms. The property's address is 4320-4368 S. Laburnum Avenue, Richmond, VA 23231.

    Property Features for 4320-4368 Laburnum Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    103,160 SF
    Total Rate
    189126.67

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Available Space 4374
    Size
    1,200 SF
    Rate per SF
    $22
    Space
    Available Suite 4320 A
    Size
    4,400 SF
    Rate per SF
    $22
    Space
    Suite 1-A
    Size
    900 SF
    Rate per SF
    $22

    HighLights

    • 1,200 SF and 4,400 SF retail spaces available for lease.
    • 113,992 SF shopping center with excellent Laburnum Avenue visibility, near I‑64.
    • Located near White Oak Village, a major Eastern Henrico retail center, and a large I‑64 power center.
    • Strong demographics: 24,928 businesses and 289,844 employees within 10 miles.
    • Convenient access to Richmond International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -77.3606889
    Latitude
    37.5287689

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    FAQs

    What type of property is this?
    Neighborhood center - Henrico County retail space for lease.
    Where is this neighborhood center located?
    The property is located at 4320-4368 Laburnum Ave Henrico, VA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF and 4,400 SF retail spaces available for lease.; 113,992 SF shopping center with excellent Laburnum Avenue visibility, near I-64.; Located near White Oak Village, a major Eastern Henrico retail center, and a large I-64 power center.
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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
    4320-4368 Laburnum Ave Henrico, VA 23231
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