9830 Brook RdGlen Allen, VA 23059

  • Retail properties
  • 135,874 SF
For Lease

Property Details for 9830 Brook Rd

Year built
2001
Lot size
31.99 AC
Property size (Sq ft)
135,874 SF
Zone code
MIXE
Property type
Retail properties
Property subtype
Super regional malls
APN
783-769-0315
APU
7837690315

Description

The Creeks, located at 9830-9992 Brook Rd in Glen Allen, Virginia (zip code 23059), offers a prime retail opportunity in Henrico County. This multi-tenant commercial property boasts a total of 266,099 square feet, with three available suites ranging from a minimum of 2,268 square feet to a maximum contiguous space of 23,050 square feet. A significant 34,808 square feet is currently vacant, presenting a unique chance for expansion or new tenancy. The property's address is easily accessible and situated within a thriving commercial area. The building is categorized as retail and commercial, making it suitable for a variety of businesses. This is an exceptional opportunity for businesses seeking flexible space options in a high-traffic location. The property's location in Henrico County, Virginia, offers access to a strong consumer base and excellent infrastructure. Interested parties should note the minimum divisible space is 2,268 square feet. The property is currently available for lease. Detailed floor plans and lease terms are available upon request. This is a rare opportunity to secure retail space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $44,078,484
    6.5%
    $40,687,832
    7%
    $37,781,556
  • Comparable approach

    Method
    Valuation
    Relative Method
    $57,184,640
    Geo Method
    $57,184,640
  • Alternative Use

    Use
    Valuation
    Residential
    $34,321,708
    Hospitality
    $31,438,500
    Educational
    $26,156,464
    Medical
    $27,056,024
    Retail
    $40,687,832
9830 Brook Rd, Glen Allen, Virginia

Location Insight

City
Glen Allen
County
Henrico
State
Virginia
Latitude
37.6697
Longitude
-77.4629
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$392,355
$10,537,600
$35,749,600
$46,287,200
-
$10,537,600
$35,749,600
$46,287,200

FAQs

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