5700 Brook RdRichmond, VA 23227

Property Details for 5700 Brook Rd

Property size (Sq ft)

147,738 SF

Property type

Neighborhood centers

Property subtype

Retail properties

Description

This thriving 147,738 square foot retail strip center, located at 5700 Brook Rd in Richmond, VA 23227, offers multiple tenancy opportunities. Currently, there are 18,028 square feet of vacant space available, divisible into units as small as 1,615 square feet and up to a contiguous 58,473 square feet. The center boasts 817 parking spaces, ensuring ample convenience for shoppers and tenants. Its prime location benefits from the significant increase in traffic generated by the recently completed Lakeside Landing residential development (126 units) and its ongoing expansion (Lakeside Landing 2, adding 45 townhomes). Strong anchor tenants, including Gabe's and Crunch Fitness, draw a substantial daily customer base, contributing to a high customer visit frequency of 4.5 visits per customer. This presents a unique investment opportunity in a high-demand retail area with proven success and significant growth potential. The property is situated at 37.6095468 latitude and -77.4597497 longitude. This is an exceptional opportunity for businesses seeking high visibility and a strong customer base in a rapidly developing neighborhood.

Location Insight

City

Richmond

County

Henrico

State

Virginia

Latitude

37.6095

Longitude

-77.4597

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