3448 Midlothian Tpke$29.17 – $35.52/SF/yr NNN
251 Jefferson Davis Hwy
1,500 SF of Retail space available at 251 Jefferson Davis Hwy, Richmond, VA 23224. For Lease through Summit Advisory Group.
For LeaseStatus
1,500 SFAvailable
$43.70/SFAsking rent
1996Year built
BClass
Property facts
| Property type | Retail |
|---|---|
| Building class | B |
| Rentable area | 71,800 SF |
| Available | 1,500 SF |
| Stories | 11 |
| Year built | 1996 |
| Typical floor | 6,527 SF |
| Lot size | 2.88 acres |
| Parking ratio | 2.9/1,000 SF |
| Occupancy | 98.0% |
| Zoning | B-4 |
| Parcel ID | 45-320-4454 |
| Submarket | Southside |
| Market | Richmond |
| Days on market | 148 |
| Walk Score | 30 |
| Transit | Amtrak 6 min |
| Listing package | Gold |
Building amenities
Signage, Concierge, Property Manager on Site, Food Service, Fitness Center, EV Charging
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 7th | Retail | Direct | 1,500 | $42.86/SF | 3-10 Years | Vacant |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Lone Star Semiconductor | Insurance | 4 | 14,020 | 2026-10-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2019-12-22 | $18.79M | $261.67 | 5.34% | Hill Country Capital | Quarry Point Partners |
Public record
| Owner of record | Kestrel Investment Group LLC |
|---|---|
| Assessed value | $9.97M |
| Land value | $2.57M |
| Improvement value | $7.4M |
| Annual tax | $208K |
| Tax year | 2026 |
| Lot size | 125,452 SF |
| Last deed | 2025-07-02 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 34 BLK 682 SOUTHSIDE ADDN |
Location
251 Jefferson Davis Hwy
Richmond, VA 23224
Southside submarket · Richmond market
37.47162, -77.43094
Open in RealStarListing package
Gold — Elevated placement above Silver.
Elevated placement, larger search card with a hero image, floor-plan uploads, syndication to partner marketplaces and weekly lead alerts.
Compare packages →Similar retail properties in Richmond, VA
2233 Midlothian Tpke$39.19 – $47.71/SF/yr NNN
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Bluebonnet Tower$38.87 – $47.32/SF/yr NNN
Explore this market
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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.