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Carytown Anchor with Outdoor Space 3325-3331 W Cary St 3,398 - 14,535 SF of Retail Space Available in Richmond, VA 23221
Space Availability (1)
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- Rental Rate
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| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1st-3rd Floors | 3,398-14,535 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1st-3rd Floors
Introducing a rare opportunity to lease newly renovated retail space in the heart of Richmond’s iconic Carytown district. Located at 3325 W. Cary Street, one of the most architecturally distinctive and recognizable properties in the neighborhood, this landmark building is poised to undergo a transformative redevelopment that will unlock its full potential as a premier destination for experiential retail and hospitality concepts. Upon completion, the property will offer up to three distinct leasing opportunities, with one potential tenant space per floor, while also providing the flexibility for a single user to lease multiple floors or occupy the entire building. The property further benefits from valuable off-street parking, exceptional visibility, and significant signage opportunities that are rarely available within Carytown’s highly constrained retail environment. The extensive renovation will include the addition of an elevator serving all levels, a dramatic reconfiguration of the English basement to maximize functionality and accessibility, and a large recessed patio space designed to enhance the ground-floor experience. The resulting spaces will be ideally suited for experience-driven concepts such as restaurants, event venues, spas, wellness operators, beauty services, boutique fitness, medical aesthetics, and other personal service businesses seeking a one-of-a-kind setting. Landlord plans call for delivering the spaces as warm, lit vanilla shells, creating an efficient path to occupancy while providing tenants the opportunity to customize their build-outs to meet specific operational and branding needs. Positioned in the center of Carytown’s vibrant retail corridor, 3325 W. Cary Street offers a unique opportunity to establish a presence within one of Richmond’s most sought-after commercial districts while occupying a truly irreplaceable architectural asset. PRICING GUIDANCE: -1st Floor: 6,280 SF at $37/ PSF NNN -2nd Floor: 5,874 SF at $37/PSF NNN -3rd Floor: 3,398 SF at $30/PSF NNN
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Potential for standalone occupancy-up to 15,552 SF
- Large patio/outdoor bar
- Off street parking
- Spring 2027 delivery
- Warm lit vanilla shell w/ opportunity to customize
- Restaurant, event, or medium-format retail
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.
Property Facts
| Total Space Available | 14,535 SF | Property Subtype | Restaurant |
| Min. Divisible | 3,398 SF | Gross Leasable Area | 15,552 SF |
| Property Type | Retail | Year Built/Renovated | 1940/2026 |
| Total Space Available | 14,535 SF |
| Min. Divisible | 3,398 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,552 SF |
| Year Built/Renovated | 1940/2026 |
Nearby Major Retailers
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Carytown Anchor with Outdoor Space | 3325-3331 W Cary St
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