4816 S Laburnum Ave Richmond, VA 23231
For Lease
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Laburnum Square, a vibrant 109,405 square foot shopping center in Richmond, Virginia, presents a compelling investment opportunity. Located at 4816 S Laburnum Ave, zip code 23231, this multi-tenant property sits on an 11.73-acre lot in Henrico County. Built in 1978, the center offers 575 parking spaces for ample customer convenience. Currently, there are 3,360 square feet of vacant space available, with two spaces ranging from 2,000 to 3,780 square feet. The property benefits from a high-traffic location at a signalized intersection of S. Laburnum Avenue (29,632 AADT) and Williamsburg Road (14,130 AADT), ensuring exceptional visibility and accessibility. A diverse tenant mix includes established national, regional, and local businesses such as Kroger, Dollar General, Taylor's Do it Center, Boost Mobile, Rent-A-Center, America's Best Wings, and Skrimp Shack, creating a strong and well-established retail environment. The center's impressive visit frequency of 5.72 demonstrates its enduring appeal and customer loyalty. This property offers a unique chance to capitalize on a thriving retail location with significant foot traffic and a proven track record of success. The available space provides an excellent opportunity for expansion or new business ventures within a well-established and successful shopping center.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Henrico, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.