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Property profile

1200-1300 Concord Ave Henrico, VA 23228

OFF-MARKET
Retail properties & Spaces
87,190 SF 0.75 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional retail opportunity presents 1,600 square feet of vacant space within the established Hungary Brook Shopping Center, a 87,190 square foot center located at 1200-1300 Concord Avenue in Richmond, Virginia, zip code 23228. Situated on a 0.75-acre lot in Henrico County, this property boasts a highly desirable location at the intersection of Brook Road and East Parham Road, offering convenient access to Interstate 95 via East Parham Road. The center is anchored by a Food Lion and a Dollar Tree, ensuring high foot traffic and strong visibility for your business. Built in 1988, the property is part of a thriving neighborhood center, providing a well-established customer base. The available space is ideal for a variety of retail uses and presents a unique chance to establish a presence in a busy and convenient location. The entire shopping center consists of a single suite, making this a unique opportunity for a single tenant to occupy the available space. This property offers excellent potential for growth and profitability within a well-established retail environment. The 1,600 square feet of vacant space provides ample room for a variety of retail businesses. Don't miss this chance to secure a prime retail location in a high-traffic area of Richmond, Virginia.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1988
Total area 87,190 SF
Lot 0.75 ac (32,670 SF)

Cap rate & NOI

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

Location

1200-1300 Concord Ave Henrico, VA 23228
Henrico metro
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Value estimations

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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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