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4816 Laburnum AveRichmond, VA 23231

Richmond, VA Shopping Center Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
Laburnum Square, a vibrant 109,405 square foot shopping center in Richmond, Virginia, presents a compelling investment opportunity. Located at 4816 S Laburnum Ave, zip code 23231, this multi-tenant property sits on an 11.73-acre lot in Henrico County. Built in 1978, the center offers 575 parking spaces for ample customer convenience. Currently, there are 3,360 square feet of vacant space available, with two spaces ranging from 2,000 to 3,780 square feet. The property benefits from a high-traffic location at a signalized intersection of S. Laburnum Avenue (29,632 AADT) and Williamsburg Road (14,130 AADT), ensuring exceptional visibility and accessibility. A diverse tenant mix includes established national, regional, and local businesses such as Kroger, Dollar General, Taylor's Do it Center, Boost Mobile, Rent-A-Center, America's Best Wings, and Skrimp Shack, creating a strong and well-established retail environment. The center's impressive visit frequency of 5.72 demonstrates its enduring appeal and customer loyalty. This property offers a unique chance to capitalize on a thriving retail location with significant foot traffic and a proven track record of success. The available space provides an excellent opportunity for expansion or new business ventures within a well-established and successful shopping center.

Highlights

  • High traffic counts: 34,000 AADT on S. Laburnum Avenue.
  • High traffic counts: 19,000 AADT on Williamsburg Road.
  • Excellent visibility and accessibility at a signalized intersection of S. Laburnum Avenue and Williamsburg Road.
  • Strong tenant mix including national (Kroger, Dollar General), regional, and local businesses.

Property Details for 4816 Laburnum Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
109,405 SF
Year Built
1978

Unit(s) available at that property

Space
Suite 4750A - Coming Available
Size
3,780 SF
Space
Suite 4752
Size
2,000 SF

Location Insight

City
Richmond
County
Henrico
State
Virginia
Latitude
37.5197758
Longitude
-77.3518767
4816 Laburnum Ave, Richmond, Virginia

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4816 Laburnum Ave
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