804-307-4060
5700 W Broad St, Richmond, VA for Sale
Freestanding - FOR SALE
1/4
null | Request Cap Rate

5700 W Broad St
Richmond, VA 23230


HIGHLIGHTS

  • Long term national tenant
  • Prime corner location
  • Redevelopment potential
  • Proximity to major employers
  • Contact agent for pricing

OVERVIEW

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

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Net-Leased Corner Asset

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,984 SF

ZONING

M-1

APN/PARCEL ID

771-739-8183

ASK ABOUT THIS PROPERTY

Justin SleddOne South CommercialMore Info
804-307-4060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Justin SleddOne South CommercialMore Info
804-307-4060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.