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    1220-1348 Sycamore Square Dr Midlothian, VA 23113

    For Lease
    Contact for pricing

    Midlothian, VA Strip Center - 41,932 SF Available

    Lot size:
    102,406 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Sycamore Square, located at 1220-1348 Sycamore Square in Midlothian, Virginia, presents a prime retail investment opportunity. This multi-tenant strip center boasts a total of 102,406 square feet, with a significant 41,932 square feet currently vacant. The property is ideally situated in the heart of Midlothian's "Village," conveniently located just east of Route 288, ensuring high visibility and accessibility. The center offers flexible space options, with individual units ranging from a minimum of 697 square feet to a maximum contiguous space of 38,071 square feet, catering to a variety of retail businesses. This allows for both smaller boutique shops and larger anchor tenants. The property's address is 1220-1348 Sycamore Square, Midlothian, VA 23113, in Chesterfield County. The cross street is Midlothian Turnpike. This presents a unique chance to establish or expand a retail presence in a thriving and well-established community. The substantial vacant space offers significant potential for redevelopment and customization to suit specific tenant needs. The strategic location and flexible space options make Sycamore Square an attractive proposition for investors seeking a strong return on investment in a desirable market.

    Property Features for 1220-1348 Sycamore Square Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,406 SF

    Unit(s) available at that property

    Space
    Unit 22A
    Size
    864 SF
    Space
    Unit 16
    Size
    1,000 SF
    Space
    Unit 1
    Size
    38,071 SF
    Space
    Unit 15
    Size
    1,300 SF
    Space
    Unit 21A
    Size
    697 SF

    HighLights

    • Prime retail investment opportunity in Midlothian, VA, totaling 102,406 square feet with 41,932 square feet currently vacant.
    • Located in Midlothian's Village, offering high visibility and accessibility near Route 288.
    • Flexible space options available, ranging from 697 to 38,071 contiguous square feet.
    • Join established tenants including Dunkin', Jos. A. Bank, Truist, and Nationwide.
    • Located in the 23113 zip code, boasting the highest average household income in the Richmond metro area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.651755655441
    Latitude
    37.504777779534

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    FAQs

    What type of property is this?
    Neighborhood center - Midlothian, VA Strip Center - 41,932 SF Available
    Where is this neighborhood center located?
    The property is located at 1220-1348 Sycamore Square Dr Midlothian, VA.
    What are key features of this property?
    This property features: Prime retail investment opportunity in Midlothian, VA, totaling 102,406 square feet with 41,932 square feet currently vacant.; Located in Midlothian's Village, offering high visibility and accessibility near Route 288.; Flexible space options available, ranging from 697 to 38,071 contiguous square feet.
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    1220-1348 Sycamore Square Dr Midlothian, VA 23113
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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
    1220-1348 Sycamore Square Dr Midlothian, VA 23113
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