One South Commercial is pleased to present the exclusive listing for 5700 West Broad Street, a premier investment opportunity located at the high-visibility corner of West Broad Street and Staples Mill Road.
The property features 3,420 square feet of finished space on a .344-acre lot and is currently occupied by a national retailer operating under a long-term triple net (NNN) lease. This tenant has been in place since 1998, providing a track record of stable cash flow and strong credit tenancy— an attractive feature for investors seeking dependable income.
Positioned in the heart of Henrico County’s Near West End, the property benefits from excellent accessibility and traffic exposure along one of Richmond’s main commercial arteries. Daily vehicle counts near the property reach nearly 18,000, reinforcing its prime retail visibility. The site also lies adjacent to the Willow Lawn area, which is undergoing a significant transformation into a walkable, mixed-use urban center. Anchored by major redevelopment initiatives, including plans for more than 2,000 residential units and over 500,000 square feet of new commercial space, Willow Lawn is experiencing a renaissance that is rapidly reshaping the district into one of Richmond’s most dynamic submarkets.
Beyond the immediate redevelopment potential, the area surrounding 5700 West Broad Street is supported by strong demographics. The neighborhood ranks as an upper-middle-income area, with household incomes higher than 81% of neighborhoods. Proximity to top employers such as Dominion Energy, CarMax, Genworth Financial, and Altria, creates a solid foundation for continued economic growth and long-term commercial viability.
PROPERTY DETAILS:
-Occupied by a creditworthy national retailer since 1998 under a NNN lease
-High-visibility site on West Broad Street with ~18,000 VPD
-Positioned within the Willow Lawn corridor amid major mixed-use revitalization
-Near fortune 500 companies and key employment centers in Richmond