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    7100 Midlothian Tpke Richmond, VA 23225

    Sponsored
    For Lease
    Contact for pricing

    Richmond, VA Office Space Available

    Lot size:
    453,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Springline at District 60 offers exceptional office space in Richmond, Virginia. This mixed-use development, located at 7100 Midlothian Tpke, 23225, boasts a prime location at the intersection of VA Route 60 and Chippenham Parkway, experiencing over 120,000 vehicles daily. The property comprises six buildings on 42 acres, providing ample parking with 1590 spaces. Multiple tenancy options are available, ranging from 25,000 to 150,000 square feet of traditional office space. The development is part of a larger $1 billion public/private partnership, encompassing over 1,200 residential units, 120,000 square feet of retail space, 300,000 square feet of office space, two hotels, a large conference center, and an anchor retail building focused on music and entertainment. Amenities include Celebration Park, an outdoor entertainment and fitness space, along with green spaces and a multi-use path connecting to the Boulders Office Campus. This dynamic destination offers a unique opportunity for businesses seeking a vibrant and well-connected location within the Richmond DMA. The property's strategic location and extensive amenities make it an ideal choice for businesses of all sizes. Six buildings are available for lease.

    Property Features for 7100 Midlothian Tpke

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    453,000 SF

    Building Details

    Buildings
    6

    Unit(s) available at that property

    Space
    Office Space 1
    Size
    150,000 SF
    Space
    Office Space 2
    Size
    150,000 SF
    Space
    The James I
    Size
    28,000 SF
    Space
    Hotel & Conference Center
    Size
    30,000 SF
    Space
    Parcels 1 & 4
    Size
    70,000 SF
    Space
    The James II - Anchor Entertainment
    Size
    25,000 SF

    HighLights

    • 42‑acre development site.
    • $1 billion mixed‑use development.
    • High‑traffic location at two signalized intersections on Chippenham Parkway and Midlothian Turnpike, with over 120,000 vehicles daily.
    • 120,000 square feet of retail space.
    • Over 1,200 residential units.
    • 300,000 square feet of new office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Secure Tabs Pharmacy Spring Rock Green ... Shopping Mall

    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
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.529308
    Latitude
    37.5028202

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    FAQs

    What type of property is this?
    Restaurant - Richmond, VA Office Space Available
    Where is this restaurant located?
    The property is located at 7100 Midlothian Tpke Richmond, VA.
    What are key features of this property?
    This property features: 42-acre development site.; $1 billion mixed-use development.; High-traffic location at two signalized intersections on Chippenham Parkway and Midlothian Turnpike, with over 120,000 vehicles daily.
    Request Owner's contact information
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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
    7100 Midlothian Tpke Richmond, VA 23225
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