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5037-5065 Craig Rath Blvd - Building 3 2,444 SF Office Condo Unit Offered at $907,348 CAD in Midlothian, VA 23112
EXECUTIVE SUMMARY
Located in the heart of the thriving Midlothian and Chesterfield County business corridor, 5065 Craig Rath Blvd offers a fully updated corner office condominium ideal for owner-occupiers or investors seeking flexible space in a prime suburban setting. Just west of the Route 288 and Hull Street Road (US-60) intersection, the property provides excellent visibility and convenient access throughout the Richmond metro area. Zoned B-3 in Chesterfield County, the unit supports a wide range of uses from professional and medical offices to contractor or flex space. The layout features a welcoming reception area, two private offices, a conference room, kitchen/breakroom, and two restrooms. A large open area offers flexibility for cubicles, collaborative workstations, or storage. As a corner condo, it benefits from abundant natural light through numerous windows, creating an inviting and productive workspace. Ample parking surrounds the unit for staff and visitors. The property has been well maintained, with a recently replaced roof with mechanical systems (HVAC and water heater) approximately 10 years old, providing efficiency and peace of mind. Retail, dining, and everyday conveniences are just steps away, as the property sits directly behind The Village at Swift Creek Shopping Center. This vibrant retail hub features major national brands such as Kroger, Petco, HomeGoods, Ross, and Kirkland’s, along with restaurants including Lin’s Asian Bistro, El Paso Mexican Restaurant, Cracker Barrel, Panda Express, Red Lobster, and TGI Fridays. Midlothian continues to be one of Chesterfield County’s most desirable and fastest-growing business areas, offering strong demographics, high household incomes, and excellent connectivity via route 288, I-64, I-95, and I-295. This location provides the perfect balance of professional appeal, flexibility, and accessibility.
PROPERTY FACTS
| Total Building Size | 21,207 SF | Typical Floor Size | 21,207 SF |
| Property Type | Year Built | 2005 | |
| Building Class | B | Lot Size | 9.23 AC |
| Floors | 1 | Parking Ratio | 2.36/1,000 SF |
| Zoning | C3 - COMMERCIAL | ||
| Total Building Size | 21,207 SF |
| Property Type | |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 21,207 SF |
| Year Built | 2005 |
| Lot Size | 9.23 AC |
| Parking Ratio | 2.36/1,000 SF |
| Zoning | C3 - COMMERCIAL |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 5065
| Unit Size | 2,444 SF | Sale Type | Investment or Owner User |
| Price | $907,348 CAD | Cap Rate | 7.50% |
| Price Per SF | $371.26 CAD | NOI | $68,051.10 CAD |
| Condo Use | Office | APN/Parcel ID | 733-67-50-24-500-009 |
| Unit Size | 2,444 SF |
| Price | $907,348 CAD |
| Price Per SF | $371.26 CAD |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| NOI | $68,051.10 CAD |
| APN/Parcel ID | 733-67-50-24-500-009 |
DESCRIPTION
The condo features a professional and efficient layout with a welcoming reception area, two private offices, a conference room, kitchen/breakroom, and two restrooms. A large open area provides flexible space for cubicles, collaborative workstations, or storage. As a corner unit, it offers excellent natural light through numerous windows, creating a bright and comfortable workspace.
SALE NOTES
The condo is ideally located at 5065 Craig Rath Blvd in Midlothian, Virginia, within Chesterfield County’s highly desirable and growing commercial corridor. Positioned just off Hull Street Road (US-60) and minutes from Route 288, the property offers quick access to the greater Richmond area and neighboring business districts.
It sits directly behind The Village at Swift Creek Shopping Center, providing unmatched proximity to major retail and dining options including Kroger, Petco, HomeGoods, Ross, and multiple restaurants. The area is surrounded by established residential neighborhoods, strong demographics, and a thriving mix of professional offices, medical practices, and service-based businesses.
This strategic location offers excellent visibility, easy client access, and ample surface parking, making it ideal for a wide variety of business types seeking a convenient and professional setting in one of Chesterfield’s most active commercial areas.
+13 More
Craig Rath Floor Plan
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5037-5065 Craig Rath Blvd - Building 3
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