8943 Staples Ml RdHenrico, VA 23228

Property Details for 8943 Staples Ml Rd

Year built

2018

Lot size

1.22 AC

Property size (Sq ft)

7,930 SF

Zone code

B-2C

Property type

Retail properties

Property subtype

Other automotive properties

APN

769-756-3889

APU

7697563889

Description

This exceptional 96,343 square foot shopping center, located in Henrico County, presents a prime retail investment opportunity. The property boasts a highly desirable location, shadow-anchored by a Target and Food Lion, ensuring consistent customer traffic. Multiple spaces are available, ranging from a minimum of 1,258 square feet to a maximum contiguous space of 7,467 square feet, providing flexibility for various retail concepts. Currently, 15,401 square feet of space is vacant. The center benefits from excellent visibility and accessibility, featuring pylon signage opportunities on Staples Mill Road and signalized access for convenient ingress and egress. The high traffic volume on Staples Mill Road, averaging 25,000 vehicles per day, guarantees significant exposure for tenants. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's strategic positioning and ample space make it an attractive option for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,459,146

  6.5%

  $2,269,981

  7%

  $2,107,839

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,337,461

  Geo Method

  $3,337,461

• Alternative Use

  Use

  Valuation

  Residential

  $1,914,814

  Hospitality

  $1,753,959

  Educational

  $1,459,273

  Medical

  $1,509,460

  Retail

  $2,269,981

Location Insight

City

Henrico

County

Henrico

State

Virginia

Latitude

37.6367

Longitude

-77.5107

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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