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Courthouse Place 11500-11556 Busy St 1,416 SF of Retail Space Available in North Chesterfield, VA 23236
Highlights
- Located in a retail corridor near Chesterfield Towne Center and Midlothian Turnpike.
- Traffic volume exceeding 66,425 VPD on Midlothian Turnpike and 38,000 VPD on Courthouse Road.
- Provides 110 on-site parking spaces with convenient access from major roadways.
- Located in a retail corridor near Chesterfield Towne Center and Midlothian Turnpike.
- Surrounded by national retailers and dining options, including Whole Foods, Starbucks, and Macy’s.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,416 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste B
Courthouse Place offers a highly visible location near the intersection of Courthouse Road and Midlothian Turnpike in Richmond’s thriving retail corridor. The center features a well-positioned 1,416 SF second-generation restaurant space with existing infrastructure to expedite occupancy. Courthouse Place benefits from shadow anchors Kohl’s and Target, drawing strong consumer traffic to the immediate area. The property is situated less than 1,000 feet from Chesterfield Towne Center and is surrounded by leading national retailers, including Whole Foods, Macy’s, Best Buy, Panera, and DSW. This neighborhood boasts 36,775 daytime employees within a three-mile radius and traffic counts exceeding 66,425 vehicles per day on Midlothian Turnpike and 38,000 vehicles per day on Courthouse Road. This combination of dense employment, robust household income levels, and adjacent retail synergy makes Courthouse Place an attractive option for operators looking to capitalize on established market activity. Ample on-site parking with 110 spaces, significant visibility from major roadways, and proximity to numerous hospitality and dining options create an opportunity for tenants seeking a high-performance retail environment with strong regional connectivity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Courthouse Place
- Tenant
- Description
- US Locations
- Reach
- Blast Youth Sports
- Arts, Entertainment, and Recreation
- 1
- -
- Inter China
- Restaurant
- 1
- -
- MAC Pizza & Wings
- Retailer
- -
- -
- Master Cho's Martial Arts
- Fitness
- 1
- -
- Plaza Azteca Restaurant
- Restaurant
- 53
- National
- Smallcakes Cupcakery & Creamery
- Bakery
- 171
- International
| Tenant | Description | US Locations | Reach |
| Blast Youth Sports | Arts, Entertainment, and Recreation | 1 | - |
| Inter China | Restaurant | 1 | - |
| MAC Pizza & Wings | Retailer | - | - |
| Master Cho's Martial Arts | Fitness | 1 | - |
| Plaza Azteca Restaurant | Restaurant | 53 | National |
| Smallcakes Cupcakery & Creamery | Bakery | 171 | International |
Property Facts
| Total Space Available | 1,416 SF | Total Land Area | 2.21 AC |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding | Parking Ratio | 4.56/1,000 SF |
| Gross Leasable Area | 21,660 SF |
| Total Space Available | 1,416 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,660 SF |
| Total Land Area | 2.21 AC |
| Year Built | 2008 |
| Parking Ratio | 4.56/1,000 SF |
About the Property
The retail center is located near the intersection of Courthouse Road and Midlothian Turnpike in Richmond, VA. It consists of multiple small-format retail units with total building area of approximately 21,660 SF. The site provides 110 parking spaces and frontage along a major retail corridor with high daily traffic counts. Surrounding area includes Kohl’s, Target, Chesterfield Towne Center, and numerous national retailers. Connectivity to Midlothian Turnpike enables regional accessibility across Chesterfield County.
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Courthouse Place | 11500-11556 Busy St
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