8000 Buford CtRichmond, VA 23235

Property Details for 8000 Buford Ct

Year built

1989

Lot size

3.44 AC

Property size (Sq ft)

4,200 SF

Zone code

C3 - COMMUNITY BUS DIST

Property type

Other commercial real estate

APN

760-70-71-34-600-000

APU

760707134600000

Description

Buford Court Commons, located at 8000 Buford Ct in Richmond, Virginia (zip code 23235), offers a prime retail investment opportunity. This vibrant shopping center comprises two single-story buildings totaling 42,800 square feet, encompassing nine suites. Currently, 8,400 square feet of retail space is available, with individual suites ranging from 1,200 to 3,600 square feet. The property sits on 6.6 acres of land and was built in 1989. The center benefits from its location in Chesterfield County, near the intersection of Buford Road and Midlothian Turnpike, a high-traffic area boasting an average daily traffic count of 58,000 vehicles. A significant anchor tenant, Food Lion, recently renewed its lease for an additional ten years, demonstrating strong performance in the Bon Air submarket. New ownership is actively undertaking renovations and offering attractive lease terms to prospective tenants. Furthermore, outparcel opportunities exist for build-to-suit development adjacent to the existing retail spaces. This property presents a compelling opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving retail environment. Ample parking is available for customer convenience.

• Alternative Use

  Use

  Valuation

  Residential

  $1,014,151

  Hospitality

  $928,957

  Educational

  $772,881

  Medical

  $799,462

  Retail

  $1,202,260

Location Insight

City

North Chesterfield

County

Chesterfield

State

Virginia

Latitude

37.5012

Longitude

-77.5446

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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