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Property profile & analytics
OFF-MARKET
Neighborhood centers

11525 Midlothian Sq Richmond, VA 23235

58,994 SF Built 1987
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 58,994 square feet of space within the highly sought-after Midlothian Square shopping center in Richmond, Virginia. Located at 11525 Midlothian Square, zip code 23235, this property boasts a prime location at the intersection of Midlothian Turnpike and North Courthouse Road, offering unparalleled visibility and accessibility. The center is strategically positioned across from Chesterfield Towne Center, placing it within a major retail corridor exceeding 3.58 million square feet of retail space. The property, built in 1987, comprises nine individual suites, offering flexibility for various retail businesses. Suite sizes range from a minimum of 1,540 square feet to a maximum contiguous space of 44,850 square feet, catering to a wide array of tenant needs. Currently, 58,552 square feet are vacant, presenting a significant opportunity for immediate occupancy. The property sits on a sizable lot ranging from 1 to 6.5 acres and provides ample parking with 669 spaces for customers and employees. Chesterfield County's thriving economy and strong demographics make this an ideal location for businesses seeking high foot traffic and a robust customer base. This is a rare chance to secure a prominent retail presence in one of Richmond's most dynamic commercial areas.

Property profile
Verified
Property type Neighborhood centers
Year built 1987
Total area 58,994 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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