8000 Buford Ct Richmond, VA 23235
- Commercial real estate
- 4,200 SF
- 3.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8000 Buford Ct
- Year built
- 1989
- Lot size
- 3.44 lot acres
- Property size
- 4,200 SF
- Zone code
- C3 - COMMUNITY BUS DIST
- Property type
- Commercial real estate
- APN
- 760-70-71-34-600-000
- APU
- 760707134600000
Description
Buford Court Commons, located at 8000 Buford Ct in Richmond, Virginia (zip code 23235), offers a prime retail investment opportunity. This vibrant shopping center comprises two single-story buildings totaling 42,800 square feet, encompassing nine suites. Currently, 8,400 square feet of retail space is available, with individual suites ranging from 1,200 to 3,600 square feet. The property sits on 6.6 acres of land and was built in 1989. The center benefits from its location in Chesterfield County, near the intersection of Buford Road and Midlothian Turnpike, a high-traffic area boasting an average daily traffic count of 58,000 vehicles. A significant anchor tenant, Food Lion, recently renewed its lease for an additional ten years, demonstrating strong performance in the Bon Air submarket. New ownership is actively undertaking renovations and offering attractive lease terms to prospective tenants. Furthermore, outparcel opportunities exist for build-to-suit development adjacent to the existing retail spaces. This property presents a compelling opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving retail environment. Ample parking is available for customer convenience.
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
- North Chesterfield
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.5446
- Latitude
- 37.5012
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
