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7921 W Broad St
Richmond, VA 23294
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Prime location on West Broad Street with 33,000 VPD traffic count.
- Rear property line includes 280' ± frontage on Prestwick Road.
- Additional land available for future development opportunities.
- Approximately 5 minutes to I-64, offering excellent regional connectivity.
- Multi-tenant retail center with potential for expansion or redevelopment.
EXECUTIVE SUMMARY
Positioned along the highly traveled West Broad Street corridor in Henrico, Virginia, this multi-tenant retail investment offers exceptional visibility and strategic connectivity. The property spans approximately six acres and features a well-established retail center totaling over 46,000 square feet. Zoned B-3/O-2, the site provides flexibility for a variety of commercial uses and includes additional land for future development, creating a compelling opportunity for investors seeking both immediate income and long-term growth potential.
The location benefits from a prime frontage on West Broad Street, a major arterial with an impressive traffic count of 33,000 vehicles per day. Rear property line frontage on Prestwick Road adds further accessibility and exposure. Situated just five minutes from Interstate 64, the asset ensures seamless regional access to downtown Richmond and surrounding business districts. This combination of high visibility, strong traffic flow, and proximity to major transportation routes positions the property as a cornerstone for retail success.
With multiple tenants in place and room for expansion, this offering appeals to investors focused on stability and upside. The surrounding area is a vibrant mix of residential neighborhoods, retail establishments, and service providers, supporting consistent consumer demand. Whether held as a long-term income-producing asset or redeveloped to maximize land potential, this property represents a rare opportunity in one of Henrico’s most dynamic corridors.
The location benefits from a prime frontage on West Broad Street, a major arterial with an impressive traffic count of 33,000 vehicles per day. Rear property line frontage on Prestwick Road adds further accessibility and exposure. Situated just five minutes from Interstate 64, the asset ensures seamless regional access to downtown Richmond and surrounding business districts. This combination of high visibility, strong traffic flow, and proximity to major transportation routes positions the property as a cornerstone for retail success.
With multiple tenants in place and room for expansion, this offering appeals to investors focused on stability and upside. The surrounding area is a vibrant mix of residential neighborhoods, retail establishments, and service providers, supporting consistent consumer demand. Whether held as a long-term income-producing asset or redeveloped to maximize land potential, this property represents a rare opportunity in one of Henrico’s most dynamic corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
46,251 SF
Building Class
C
Year Built
1979
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.18
Lot Size
5.84 AC
Zoning
B3/O-2
Parking
31 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
152’ on W Broad St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,453,822 CAD | |
| Land Assessment | $2,469,391 CAD | Total Assessment | $6,923,213 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,469,391 CAD
Improvements Assessment
$4,453,822 CAD
Total Assessment
$6,923,213 CAD
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