Property summary
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
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Restaurant
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3C · Henrico, VAZoning
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Zoning designation
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