1200-1300 Concord Ave Henrico, VA 23228
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.