5400 Broad St Richmond, VA 23230-2630
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.
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Bank of America ATM (Drive-thru) Atm
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Shake Shack Willow Place Restaurant
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Willow Place Shopping Center Shopping Center & Mall
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
M-1 · Richmond, VARichmond. Always verify with local authorities before improvements.
Costs & 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.