1201 Arthur Ashe Blvd Richmond, VA 23230
- Retail properties
- 300,000 SF
Current Use by Public Records
- Retail properties
Property Details for 1201 Arthur Ashe Blvd
- Year built
- 1960
- Property size
- 300,000 SF
- Property type
- Retail properties
Description
This Class A retail property, located at 1201 N Arthur Ashe Blvd in Richmond, Virginia, offers exceptional opportunities for businesses seeking space in a vibrant, rapidly developing area. The 300,000 square foot building, constructed in 1960, is situated in Henrico County (zip code 23230) and currently has 25,965 square feet of vacant space available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 13,000 square feet. This presents a unique opportunity for businesses of various sizes to establish a presence in a high-traffic location. The property benefits from its proximity to the soon-to-be-completed "The Ace," a seven-story building featuring 350 apartments and over 13,000 square feet of retail space planned along its Arthur Ashe Boulevard frontage. This significant development promises increased foot traffic and a substantial boost to the area's commercial activity, creating a strong potential for growth and success for prospective tenants. The property's location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent position in a thriving Richmond neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.4685
- Latitude
- 37.5656
