251 Jefferson Davis Hwy$39.42 – $47.99/SF/yr NNN
Bluebonnet Tower
2,900 SF of Retail space available at 1121 Jefferson Davis Hwy, Richmond, VA 23219. For Sale through Granite Peak Realty.
For SaleStatus
2,900 SFAvailable
$43.09/SFAsking rent
$59.35MAsking price
5.75%Cap rate
1915Year built
AClass
Property facts
| Property type | Retail |
|---|---|
| Building class | A |
| Rentable area | 135,500 SF |
| Available | 2,900 SF |
| Stories | 6 |
| Year built | 1915 |
| Typical floor | 22,583 SF |
| Lot size | 0.75 acres |
| Parking ratio | 3.4/1,000 SF |
| Occupancy | 97.9% |
| Zoning | LI |
| Parcel ID | 40-355-3232 |
| Submarket | Shockoe Slip |
| Market | Richmond |
| Days on market | 282 |
| Walk Score | 91 |
| Transit | PATH 3 min walk |
| Listing package | Basic |
Building amenities
Security System, LEED Gold, Conference Facility
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 3rd | Office | Sublet | 2,900 | $50.24/SF | Thru Sep 2032 | Sep 2026 |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Riverside Dental Partners | Legal | 6 | 28,350 | 2030-01-01 |
| Fulcrum Consulting | Financial Services | 4 | 30,210 | 2027-02-01 |
| Alamo Federal Services | Financial Services | 5 | 11,130 | 2022-10-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2019-08-12 | $21.2M | $156.44 | 7.89% | Ironwood Capital Partners | Gulf Coast Realty Partners |
| 2018-01-25 | $7.96M | $58.77 | 4.82% | Yellowstone Property Fund | Greystone Holdings |
Public record
| Owner of record | Dunmore Equities |
|---|---|
| Assessed value | $22.38M |
| Land value | $7.59M |
| Improvement value | $14.79M |
| Annual tax | $302K |
| Tax year | 2026 |
| Lot size | 32,670 SF |
| Last deed | 2021-01-04 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 32 BLK 152 SHOCKOE SLIP ADDN |
Location
1121 Jefferson Davis Hwy
Richmond, VA 23219
Shockoe Slip submarket · Richmond market
37.53638, -77.42074
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.