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    8026 Broad St Henrico, VA 23294

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Richmond retail space.

    Lot size:
    89,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 89,000 square foot retail shopping center, situated on a 0.6-acre lot at 8026 West Broad Street in Richmond, Virginia, presents a compelling investment opportunity. Built in 1977, the property is located in Henrico County (zip code 23294) and features a single, multi-tenant building. Currently, there are 1,800 square feet of inline retail space available for lease, ideal for a variety of businesses seeking high visibility and convenient access. The property's prime location along West Broad Street ensures significant foot traffic and exposure to a large customer base. The existing structure offers a well-established presence within a thriving commercial area. In addition to the inline space, a 0.6-acre outparcel is also available for lease, providing further development potential or expansion opportunities for existing tenants. This versatile property is perfect for businesses seeking a strong foothold in a busy Richmond commercial district. The property's size and location make it an attractive option for both established businesses and new ventures looking to capitalize on the area's robust retail market. Serious inquiries are encouraged to explore this unique opportunity.

    Property Features for 8026 Broad St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    89,000 SF

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Outparcel
    Size
    0 SF
    Space
    Unit 10
    Size
    1,800 SF

    HighLights

    • Signalized intersection.
    • 50,000 employees within a 3‑mile radius.
    • Newly sealed and restriped parking lot.
    • Updated pylon sign with tenant panels.
    • One mile from the Henrico County Government Complex.
    • 40,000 vehicles per day on West Broad Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bellacino's Pizza Restaurant

    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
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.529874
    Latitude
    37.6269539

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Richmond retail space.
    Where is this neighborhood center located?
    The property is located at 8026 Broad St Henrico, VA.
    What are key features of this property?
    This property features: Signalized intersection.; 50,000 employees within a 3-mile radius.; Newly sealed and restriped parking lot.
    Request Owner's contact information
    8026 Broad St Henrico, VA 23294
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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
    8026 Broad St Henrico, VA 23294
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