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.
Contact
- Pam Strieffler · +1 804 201 2026 · pam.strieffler@cbre.com
- Ian Webster · +1 804 201 2014 · ian.webster@cbre.com
Explore this market
Similar Retail Business for Lease in Glen Allen, VA
- 4700 Langston Boulevard — Contact for price · Arlington, VA
- SW Virginia Redevelopment Opportunity — $6.2M · Abingdon, VA · 87,000 SF
- 314 E Front Street — $225K · Coeburn, VA · 960 SF
- 2740 Northwestern Turnpike, "The Other Store" C-Store — $995K · Winchester, VA · 4,030 SF
- 9900 Jefferson Avenue — $520K · Newport News, VA · 2,254 SF
- 17466 Benns Church — $975K · Smithfield, VA · 5,000 SF