Retail Business for Lease in Glen Allen, VA

  • Price: $2.2M
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Glen Allen, VA 23060

Description

7,157 SF Freestanding Building on Brook Road — 7,157 SF located on 2.04 acres — B-3 zoning, built in 1998 — 100 surface parking spaces available — Located on a highly trafficked corridor (±20,000 ADT Brook Road) with easy access to I-95 — Surrounded by various residential and multifamily developments — $2,200,000 for sale, $22.00/SF NNN for lease

Market Context

This retail in Glen Allen, VA is listed for lease at $2,200,000. It has been on the market for 163 days. Compare it against other retail listings for lease in Glen Allen, VA — <a href="/search/lease/retail/virginia/glen-allen">view the full market</a>.

As of Q1 2026, the Richmond retail market showed average asking rents near $23.93/SF/yr, and cap rates around 5.1%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in Richmond?
About 5.1% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$7.85/SF/mo – $10.61/SF/mo

Mid: $9.23/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market las-vegas (similarity: 100%) with 5 comparable listings.

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