Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10400 Midlothian Tpke Bon Air, VA 23235

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Bon Air Office Space Available

    Lot size:
    1,000,000 SF

    Property Features for 10400 Midlothian Tpke

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000,000 SF

    Spaces For Lease

    at 10400 Midlothian Tpke, Bon Air, VA 23235 Contact us

    We can help!

    Listing Contact
    Julie O'Donnell
    Julie O'Donnell

    Listing Agency: Big V Property Group Listing Agent: Julie O'Donnell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Located in the vibrant Bon Air section of Richmond, Virginia, Pocono Crossing offers exceptional executive office space for lease. This prestigious property, situated at 10400 Midlothian Turnpike, zip code 23235, boasts a total of one million square feet and comprises seven individual suites. The building offers flexible space options, with a minimum leasable area of 1,000 square feet and a maximum contiguous space of 28,800 square feet, catering to businesses of various sizes. Currently, there are 58,897 square feet of vacant, immediately available space. The property is classified as both retail and office, making it suitable for a diverse range of businesses. Its location in Chesterfield County provides easy access to major transportation routes and amenities, enhancing its appeal to prospective tenants. The multiple tenancy structure allows for a collaborative and dynamic work environment. This is a unique opportunity to secure high-quality office space in a thriving commercial area. Inquire today to learn more about leasing options and explore the possibilities of establishing your business at Pocono Crossing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Bon Air
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.5875344
    Latitude
    37.5087256

    Nearby Similar for Lease

    • $17 SF/Yr
      66,867 SF

      Midlothian Turnpike Medical Office Space

      Prime Medical Office & Daycare Space Available
      9321 Midlothian Tpke, Bon Air, VA 23235
      View Details
    • Contact for pricing
      1,050 SF

      Robious Hall Retail Space For Lease

      1,050 SF Retail Space - High Visibility
      10064 Robious Rd, Bon Air, VA 23235
      View Details
    • Contact for pricing
      32,194 SF

      Bon Air Research and Clinical Laboratory

      32,194 SF research and clinical laboratory in Bon Air.
      601 Biotech Dr, Bon Air, VA
      View Details
    • Contact for pricing
      1,881 SF

      Renovated Office Space Near Hospitals

      Recently renovated office space with ample parking near medical centers.
      9321 Midlothian Tpke, Bon Air, VA
      View Details
    • Contact for pricing
      6,873 SF

      Bon Air Office Space for Lease

      6,873 SF Office, Prime Location
      10800 Midlothian Tpke, Bon Air, VA 23235
      View Details
    • Contact for pricing
      37,506 SF

      North Chesterfield Office Suites

      Modern offices, flexible spaces, great location.
      10800 Midlothian Tpke, Bon Air, VA 23235
      View Details
    • Contact for pricing
      30,000 SF

      Executive Office Suite in Bon Air

      4,246 SF Class A Office Space Available
      9211 Arboretum Pkwy, Bon Air, VA 23236
      View Details
    • $18 SF/Yr
      44,371 SF

      Pocono Green Retail Center

      Bon Air, VA Strip Mall - 6 Suites Available
      10401-10461 Midlothian Tpke, Bon Air, VA 23235
      View Details
    • Contact for pricing
      7,383 SF

      Chesterfield Office Space for Lease

      7383 SF Office, Prime Location, 3 Months Free
      10800 Midlothian Tpke, Bon Air, VA 23235
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Bon Air Office Space Available
    Where is this office property / space located?
    The property is located at 10400 Midlothian Tpke Bon Air, VA.
    What are key features of this property?
    This property features: High-visibility Midlothian Turnpike frontage in a prime Richmond retail submarket, between Powhite Parkway and Huguenot Road.; Excellent access with four points of entry, including a signalized intersection at the main entrance on Sturbridge Drive and Midlothian Turnpike (54,000 VPD).; Less than a mile from a major office park (1M+ SF) and Chesterfield Towne Center.
    (877) 244-8532 Call to check price and availability
    Request Owner's contact information
    10400 Midlothian Tpke Bon Air, VA 23235
    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.
    10400 Midlothian Tpke
    Bon Air, VA 23235
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10400 Midlothian Tpke Bon Air, VA 23235
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Julie O'Donnell
    Julie O'Donnell
    Real Estate License ID: 82082
    (877) 244-8532 (980) 333-5185
    Learn more
    Google sign-in failed. Please try again or use another login method.