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    FOR LEASE
    Super regional malls

    4501 S Laburnum Ave, Richmond, VA 23231

    60,032 SF 62 ac lot Built 2008
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US87-1077242
    Property summary
    AI-generated overview

    White Oak Village, a premier shopping center in Henrico County, Virginia, offers eight available retail spaces ranging from 1,000 to 43,560 square feet. Strategically located at the intersection of I-64 (56,532 AADT) and S Laburnum Avenue (35,748 AADT) in Richmond, VA, this center boasts exceptional visibility and accessibility. The property benefits from a strong regional draw, with the nearest major retail hub 45 miles to the east. The surrounding area demonstrates robust demographics, with a population of 136,031 within a 5-mile radius and a daytime population of 82,971, projected to grow by nearly 3% in the next five years. Richmond's thriving economy, low unemployment, pro-business environment, and presence of Fortune 1000 companies contribute to a highly desirable location. The proximity to Richmond International Airport further enhances the area's economic vitality and employment growth. A significant boost to the area's daytime population is anticipated from Facebook's new $1.75 billion, 2.4 million square foot data center located just a 15-minute drive from White Oak Village at White Oak Technology Park. This prime location presents a unique opportunity for businesses seeking high visibility and access to a growing consumer base in a rapidly expanding market. The address is 4501 S Laburnum Ave, Richmond, VA 23231.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 2008
    Total area 60,032 SF
    Lot 62 ac (2,700,546 SF)
    Zoning code B-3C
    APN 815-718-5710
    UPID US87-1077242
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $63.51M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $63.51M
    Owner & transaction history
    Triple Bar White Oak LLC · 1 yrs held
    Triple Bar White Oak LLC
    since 2024
    Last sale
    $63.5M
    7 recorded transactions
    2024
    $63.5M
    2024
    2024
    2012
    $1.0M
    2011
    $1.1M
    2009
    $1.4M
    2007
    $3.0M
    Zoning & alternative use
    B-3C · Henrico, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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