Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5700 Brook Rd Richmond, VA 23227

    Sponsored
    For Lease
    Contact for pricing

    Retail Strip Center, High Traffic Area

    Lot size:
    147,738 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This thriving 147,738 square foot retail strip center, located at 5700 Brook Rd in Richmond, VA 23227, offers multiple tenancy opportunities. Currently, there are 18,028 square feet of vacant space available, divisible into units as small as 1,615 square feet and up to a contiguous 58,473 square feet. The center boasts 817 parking spaces, ensuring ample convenience for shoppers and tenants. Its prime location benefits from the significant increase in traffic generated by the recently completed Lakeside Landing residential development (126 units) and its ongoing expansion (Lakeside Landing 2, adding 45 townhomes). Strong anchor tenants, including Gabe's and Crunch Fitness, draw a substantial daily customer base, contributing to a high customer visit frequency of 4.5 visits per customer. This presents a unique investment opportunity in a high-demand retail area with proven success and significant growth potential. The property is situated at 37.6095468 latitude and -77.4597497 longitude. This is an exceptional opportunity for businesses seeking high visibility and a strong customer base in a rapidly developing neighborhood.

    Property Features for 5700 Brook Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    147,738 SF

    Unit(s) available at that property

    Space
    Suite 5720
    Size
    4,388 SF
    Space
    Suite 5652
    Size
    900 SF
    Space
    Suite 5648
    Size
    1,200 SF
    Space
    Suite 5694
    Size
    1,629 SF
    Space
    Suite 5664
    Size
    1,215 SF
    Space
    Suite 5710
    Size
    3,296 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Coinstar Money Transfer Service Coinstar Exchange Money Transfer Service Fun Time Pizza Pizza Restaurant Robert C. Tisdale, ... Pharmacy Gabe's Men'S Clothing Store

    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
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4597497
    Latitude
    37.6095468

    Nearby Similar for Lease

    • $5,800 /Mo
      16,988 SF

      Versatile Commercial Building in Richmond, VA

      Functional space with redevelopment potential in a growing area.
      2700 North Ave, Richmond, VA 23222
      View Details
    • $5,800 /Mo
      16,988 SF

      Versatile Building in Prime Location

      Functional space suitable for various uses in a growing area.
      2700 North Ave, Richmond, VA 23222
      View Details
    • New
      $1,700 /Mo

      Richmond Office Space For Rent

      Upstairs office space near Chesterfield Towne Center with private entrance.
      1241 Mall Dr, Richmond, VA 23235
      View Details
    • $2,031 /Mo

      Renovated Retail/Office Space Available

      Renovated first-floor suite with high traffic exposure in Richmond.
      1208 Hull Street Rd, Richmond, VA 23224
      View Details
    • New
      $3,990 /Mo
      13,068 SF

      Richmond Commercial Kitchen and Restaurant

      Stand-alone retail building with 20+ parking spaces, suitable for restaurant.
      4809 Parker St, Richmond, VA 23231
      View Details
    • $2,100 /Mo

      Colonial Office Building For Lease

      All brick colonial office building near Johnston-Willis Hospital.
      10045 Midlothian Tpke, Richmond, VA 23235
      View Details
    • $390 /Mo

      Office Space For Lease

      Office space available for lease in Chesterfield, Virginia.
      1221 Mall Dr, Richmond, VA 23235
      View Details
    • $2,000 /Mo
      43,560 SF

      Richmond Commercial Space For Lease

      1000 SF commercial space available off I-95 in Richmond.
      5604 Chamberlayne Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      1,875 SF

      Richmond Industrial Flex Space Available

      Flexible office/warehouse space with easy access to major routes.
      8522-8572 Sanford Dr, Richmond, VA 23228
      View Details
    • Contact for pricing
      3,525 SF

      Richmond Retail Center For Lease

      Neighborhood shopping center with high traffic and instant name recognition.
      8502-8540 Patterson Ave, Richmond, VA 23229
      View Details
    • Contact for pricing
      5,000 SF

      Richmond Industrial Flex Space Available

      Flexible office/warehouse space with easy access to major routes.
      8580-8598 Sanford Dr, Richmond, VA 23228
      View Details
    • Contact for pricing
      2,075 SF

      Downtown Richmond Office Space Available

      Renovated office building in the heart of downtown Richmond.
      626 E Broad St, Richmond, VA 23219
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Retail Strip Center, High Traffic Area
    Where is this neighborhood center located?
    The property is located at 5700 Brook Rd Richmond, VA.
    Request Owner's contact information
    5700 Brook Rd Richmond, VA 23227
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5700 Brook Rd
    Richmond, VA 23227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5700 Brook Rd Richmond, VA 23227
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.