Property summary
Willow Place, a Class B retail center located at 5400 W Broad St in Richmond, Virginia (zip code 23230), offers exceptional leasing opportunities. This Henrico County property boasts a total of 43,881 square feet, currently 100% vacant and ready for immediate occupancy. The property sits on a 0.91-acre lot and is configured for multiple tenants. Flexible space options are available, ranging from a minimum of 1,280 square feet to a maximum contiguous space of 25,000 square feet, making it ideal for a variety of retail businesses. The property's storefront design provides excellent street visibility and accessibility for customers. Its "Strip Front" configuration offers individual units with independent entrances, enhancing tenant privacy and operational independence. The property's location on W Broad St provides high traffic volume and exposure to a large customer base. This is a rare opportunity to secure a significant retail presence in a thriving Richmond commercial corridor. The property is classified as a multi-tenant retail space, offering a diverse range of possibilities for businesses seeking a prominent location in a busy area. Contact us today to learn more about leasing options and to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Restaurant
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Screening regulations in the M-1 Light Industrial District shall be as follows: (1) Where a side lot line abuts a property in an R district, there shall be a continuous evergreen vegetative screen or opaque structural fe…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Richmond, VAScreening regulations in the M-1 Light Industrial District shall be as follows: (1) Where a side lot line abuts a property in an R district, there shall be a continuous evergreen vegetative screen or opaque structural fe…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Screening regulations in the M-1 Light Industrial District shall be as follows: (1) Where a side lot line abuts a property in an R district, there shall be a continuous evergreen vegetative screen or opaque structural fe…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Richmond, VA.
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