For Lease
$19/SF/YR

3401 Cox RdRichmond, VA 23233

Richmond Strip Mall - High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
114
Tower Plaza Shopping Center presents a compelling investment opportunity in Richmond, Virginia's thriving northwest retail quadrant. This 22,580-square-foot retail strip center boasts a prime location, just a quarter-mile from the entrance to Innsbrook Corporate Park, a major employment hub encompassing over eight million square feet of office space. The property features 169 parking spaces, ensuring ample convenience for shoppers and employees. The center's multiple tenancy allows for diverse income streams and potential for future growth. The property's APN is 747-757-3086. An attractive aspect of this offering is the availability of up to 3,600 square feet of outparcel/developable land, presenting significant expansion or redevelopment potential. This presents a unique chance to capitalize on the high-traffic location and strong tenant base already established within Tower Plaza. The property sits on a 3,600-square-foot lot, providing a solid foundation for current operations and future development. This retail center is strategically positioned to benefit from the substantial foot traffic generated by the nearby corporate park and surrounding residential communities. The property's strong location and development potential make it an ideal investment for those seeking a stable, high-growth opportunity in the Richmond market. This is a rare chance to acquire a well-established retail center with significant upside potential.

Highlights

  • Up to 3,600 SF of outparcel/developable land available.
  • Excellent demographics and high daytime employment density.
  • High visibility with easy I-64 access (under 3 minutes).
  • Located at a signalized intersection of Three Chopt and Cox Roads, one minute from Innsbrook Center (27,000+ daytime employees).
  • High traffic counts: 15,000 VPD on Three Chopt Rd and 15,000 VPD on Cox Rd.

Property Details for 3401 Cox Rd

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
22,580 SF

Unit(s) available at that property

Space
3401
Size
2,610 SF
Rate per SF
$19

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.639972
Longitude
-77.586915
3401 Cox Rd, Richmond, Virginia

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3401 Cox Rd
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