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Willow Place Shopping Center 5430 W Broad St 42,775 SF of Retail Space Available in Richmond, VA 23230
Sublease Highlights
- Delivered as a warm shell anchoring a redeveloping center.
- Direct frontage on West Broad Street.
- Features a signalized intersection for easy access.
- Positioned in the retail core of Richmond's Near West End.
- Directly adjacent to the Libbie Mill - Midtown development.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5430 | 42,775 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 5430
- Sublease space available from current tenant
- Anchor Space
- Central Air Conditioning
- Exposed Ceiling
- Brand new retail-ready space for sublease
- Delivered as warm shell
- Dedicated rear loading
- New building envelope, roof, structural system
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 Willow Place Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Fantasic Sam's
- Services
- 1
- -
- HomeGoods
- Other Retail
- 1,196
- National
- Huang Express
- Restaurant
- 1
- Local
- Joy Nails
- Salon/Barber/Spa
- 1
- Local
- Laundry Land
- Laundry
- 63
- Regional
- Rent-A-Center
- Rental Shop
- 3,210
- International
| Tenant | Description | US Locations | Reach |
| Fantasic Sam's | Services | 1 | - |
| HomeGoods | Other Retail | 1,196 | National |
| Huang Express | Restaurant | 1 | Local |
| Joy Nails | Salon/Barber/Spa | 1 | Local |
| Laundry Land | Laundry | 63 | Regional |
| Rent-A-Center | Rental Shop | 3,210 | International |
Property Facts
| Total Space Available | 42,775 SF | Total Land Area | 8.96 AC |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Freestanding | Parking Ratio | 2.5/1,000 SF |
| Gross Leasable Area | 76,782 SF |
| Total Space Available | 42,775 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 76,782 SF |
| Total Land Area | 8.96 AC |
| Year Built | 1993 |
| Parking Ratio | 2.5/1,000 SF |
About the Property
A 42,775 SF box available for sublease at Willow Place, delivered as warm shell anchoring a redeveloping center. The building envelope, roof, structural system, sprinkler, primary electrical service, rooftop HVAC, storefront glazing, and dedicated rear loading are all new and in place. 93,592 SF retail center. Located on high traffic W Broad Street with excellent exposure, ample parking, and a signalized intersection. Co-tenants include major retailers, such as HomeGoods, Shake Shack, and Celebree School.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Willow Place Shopping Center | 5430 W Broad St
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