5402-5488 Broad Street Rd Richmond, VA 23226
Willow Place, a premier retail center located at 5402-5488 West Broad Street in Richmond, Virginia (zip code 23226), offers exceptional leasing opportunities. This vibrant center boasts a total of 418,429 square feet across five suites, situated on a generous 8.96-acre lot in Richmond County. The property is categorized as a commercial outparcel/pad, providing excellent visibility and accessibility. Multiple tenancy options are available, with spaces ranging from a minimum divisible size of 1,712 square feet to a maximum contiguous space of 9,310 square feet. Currently, there are 19,262 square feet of vacant space ready for immediate occupancy, presenting a unique chance for businesses to establish a strong presence in this thriving retail location. The property's strategic location on West Broad Street ensures high traffic volume and exposure to a large customer base. This is an exceptional opportunity for businesses seeking a well-established retail space in a prime Richmond location. The property's size and layout offer flexibility for a variety of retail concepts, making it an ideal investment for both established businesses and new ventures. Contact us today to learn more about the available spaces and explore the possibilities of establishing your business at Willow Place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.