Property profile

8943 Staples Mill Rd Henrico, VA 23228

FOR LEASE
Automotive properties
Property ID
US87-2315798
7,930 SF 1.22 ac lot Built 2018
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 96,343 square foot shopping center, located in Henrico County, presents a prime retail investment opportunity. The property boasts a highly desirable location, shadow-anchored by a Target and Food Lion, ensuring consistent customer traffic. Multiple spaces are available, ranging from a minimum of 1,258 square feet to a maximum contiguous space of 7,467 square feet, providing flexibility for various retail concepts. Currently, 15,401 square feet of space is vacant. The center benefits from excellent visibility and accessibility, featuring pylon signage opportunities on Staples Mill Road and signalized access for convenient ingress and egress. The high traffic volume on Staples Mill Road, averaging 25,000 vehicles per day, guarantees significant exposure for tenants. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's strategic positioning and ample space make it an attractive option for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2018
Total area 7,930 SF
Lot 1.22 ac (53,056 SF)
Zoning code B-2C
APN 769-756-3889
UPID US87-2315798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8943 Staples Mill Rd Henrico, VA 23228
Henrico metro Census 200503 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2023
Last sale
$19.4M
2 recorded transactions
2023
Price N/A
2023
$19.4M

Zoning & alternative use

B-2C · Henrico, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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