Retail Business for Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Richmond, VA 23225

Description

Shopping Center For Lease Stonebridge Shopping Center encompasses 44,320 square feet of prime retail space, strategically located with convenient access via two signalized intersections. Anchored by Kroger, the center offers a curated blend of national, regional, and local tenants, providing a comprehensive shopping and service experience for the Midlothian Turnpike community. Prime Retail Opportunities: Suites available from 1,280 SF to 8,748 SF High-Visibility Location: 44,320 SF Kroger-anchored center positioned at Midlothian Turnpike & Chippenham Parkway Superior Accessibility: Easy entry and exit with two signalized intersections Dynamic Surroundings: Directly across from the new Springline at District 60 mixed-use development Exceptional Traffic Exposure: 48,000 vehicles per day along Midlothian Turnpike

Market Context

This retail in Richmond, VA is listed for lease. It has been on the market for 148 days. Compare it against other retail listings for lease in Richmond, VA — <a href="/search/lease/retail/virginia/richmond">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

$12.09/SF/mo – $16.35/SF/mo

Mid: $14.22/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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