Summit Plaza$9.95 – $12.11/SF/yr NNN
695 Midlothian Tpke
1,027,000 SF industrial building at 695 Midlothian Tpke, Richmond, VA 23219. For Lease through the owner.
For LeaseStatus
$10.64/SFAsking rent
2024Year built
BClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | B |
| Rentable area | 1,027,000 SF |
| Stories | 1 |
| Year built | 2024 |
| Typical floor | 1,027,000 SF |
| Lot size | 15.32 acres |
| Parking ratio | 3.7/1,000 SF |
| Occupancy | 100.0% |
| Zoning | C-3 |
| Parcel ID | 67-502-3948 |
| Submarket | Richmond CBD |
| Market | Richmond |
| Walk Score | 95 |
| Transit | Highway access I-10 |
| Listing package | Basic |
Building amenities
Energy Star, Fitness Center, 24 Hour Access, Bike Storage, LEED Gold, Concierge, Property Manager on Site
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Pecos Drilling Services | Real Estate | 1 | 63,980 | 2028-11-01 |
| Cobalt Analytics | Technology | 1 | 64,770 | 2034-04-01 |
| Garden State Title | Insurance | 1 | 228,580 | 2027-08-01 |
| Capital Policy Group | Healthcare | 1 | 293,110 | 2021-10-01 |
| Commonwealth Medical Group | Insurance | 1 | 262,560 | 2029-07-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-12-16 | $127.57M | $124.21 | 4.80% | Gulf Coast Realty Partners | Permian Basin Properties |
| 2025-11-28 | $142.59M | $138.84 | 8.48% | Greystone Holdings | Cascade Realty Trust |
| 2018-02-07 | $25.75M | $25.08 | 7.89% | Zenith Real Estate | Lone Star Property Trust |
Public record
| Owner of record | Uplands Realty LLC |
|---|---|
| Assessed value | $98.15M |
| Land value | $30.77M |
| Improvement value | $67.38M |
| Annual tax | $1.31M |
| Tax year | 2026 |
| Lot size | 667,339 SF |
| Last deed | 2018-04-06 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 4 BLK 297 RICHMOND CBD ADDN |
Location
695 Midlothian Tpke
Richmond, VA 23219
Richmond CBD submarket · Richmond market
37.54983, -77.44698
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.