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Property profile

6500-6536 Richmond Rd Williamsburg, VA 23188

OFF-MARKET
Retail properties & Spaces
46,191 SF
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Property summary

AI-generated overview

The Williamsburg Pavilion Shops offers exceptional retail opportunities in a high-traffic location. This multi-tenant property boasts a total of 46,191 square feet, with three spaces currently available, ranging from 906 to 13,455 contiguous square feet. A significant 3,760 square feet is currently vacant, providing flexibility for expansion or new tenants. The property features ample parking with 185 spaces in an asphalt lot conveniently located in front of the shopping center, plus rear access for efficient deliveries. Utilities include gas heat, city water, and sewer. Strategically situated approximately a quarter-mile from the Williamsburg Pottery Factory and three-quarters of a mile from the Interstate 64/Lightfoot Interchange, this location benefits from high visibility and exceptional daily traffic counts exceeding 25,000 vehicles on State Route 614. The property is situated in Virginia Colony County. Units H & J are individually divisible or combinable to suit specific tenant needs. Established businesses such as Lumber Liquidators, Sugar & Spice, and Sherwin Williams are already thriving within this vibrant shopping center. This presents a unique chance to join a successful retail community in a prime location with excellent accessibility and high foot traffic.

Property profile

Verified
Property type Retail properties & Spaces
Total area 46,191 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6500-6536 Richmond Rd Williamsburg, VA 23188
Williamsburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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