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    Parham Rd & Brk Rd Henrico, VA 23227

    For Lease
    Contact for pricing

    High-traffic retail space available in Henrico County.

    Lot size:
    82,709 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Parham One, located at the intersection of E Parham Rd and Brook Rd in Glen Allen, Virginia (zip code 23227), offers exceptional retail space within a thriving commercial center. This multi-tenant property boasts a total of 82,709 square feet, with currently 1,588 square feet immediately available for lease. Space sizes range from 1,588 square feet up to 35,820 square feet, providing flexibility for businesses of various scales. The property benefits from a prime location in Henrico County, enjoying high visibility and accessibility. This location offers significant advantages due to its proximity to strong shadow anchors including a Walmart Supercenter, Lowe's Home Improvement, and Restaurant Depot, ensuring high foot traffic and customer exposure. The property is classified as retail commercial space and is ideal for businesses seeking a vibrant and established retail environment. The property's address is easily accessible from major roadways, providing convenient access for both customers and employees. This presents a unique opportunity for businesses looking to establish or expand their presence in a high-demand retail market. Serious inquiries are encouraged to explore the available space and its potential.

    Property Features for 0 Parham Rd & Brk Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,709 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,588 SF
    Space
    Available space
    Size
    35,820 SF

    HighLights

    • 1,588 SF of immediately available retail space in Glen Allen, VA.
    • Located at E Parham Rd and Brook Rd, with excellent visibility and accessibility.
    • Strong shadow anchors include Walmart, Lowe's, and Restaurant Depot, driving high traffic.
    • Pylon signage available.
    • Over 1 million SF of office space within 3 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4590533
    Latitude
    37.6351076

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available in Henrico County.
    Where is this retail property located?
    The property is located at Parham Rd & Brk Rd Henrico, VA.
    What are key features of this property?
    This property features: 1,588 SF of immediately available retail space in Glen Allen, VA.; Located at E Parham Rd and Brook Rd, with excellent visibility and accessibility.; Strong shadow anchors include Walmart, Lowe's, and Restaurant Depot, driving high traffic.
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    Parham Rd & Brk Rd Henrico, VA 23227
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    Henrico, VA 23227
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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
    Parham Rd & Brk Rd Henrico, VA 23227
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