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Towne Crossings 11609-11647 Midlothian Tpke 4,000 SF of Retail Space Available in Richmond, VA 23236
HIGHLIGHTS
- Prime location at Midlothian Turnpike and Courthouse Road
- Thriving trade area with strong household incomes
- Surrounded by affluent neighborhoods and growing population
- Exceptional visibility with over 78,000 combined VPD
- Convenient 20-minute access to downtown Richmond
- Ideal setting for national brands and specialty retailers
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 8 | 4,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
11609-11647 Midlothian Tpke - 1st Floor - Ste 8
Towne Crossing offers a prime retail environment strategically positioned at the high-traffic intersection of Midlothian Turnpike and North Courthouse Road, delivering exceptional visibility and accessibility. The center benefits from over 47,000 vehicles per day along Midlothian Turnpike and an additional 31,000 on Courthouse Road, ensuring a steady flow of potential customers. Located just 20 minutes from downtown Richmond, this property sits within a thriving trade area supported by strong demographics, including more than 131,000 residents within a five-mile radius and average household incomes exceeding $118,000. The surrounding community reflects robust economic growth, with Richmond ranked among the top cities for economic potential and experiencing a 12.3% population increase over the past decade. Towne Crossing’s layout and signage opportunities make it ideal for retailers seeking maximum exposure in a dynamic corridor. Its proximity to major thoroughfares and dense residential neighborhoods creates a compelling opportunity for businesses to capture both commuter and local traffic. This location is perfectly suited for national brands, specialty retailers, and service providers looking to establish or expand their presence in one of the region’s most desirable retail corridors.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Wheelchair Accessible
- Prime storefront with excellent visibility
- High-traffic location near major intersection
- Strong co-tenancy with national retailers
- Easy access and abundant surface parking
- Ideal for retail, service, or specialty use
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT TOWNE CROSSINGS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advance Auto Parts
- Automotive
- 4,660
- International
- Burlington
- Dept Store
- 1,535
- National
- Hibbett Sports
- Sporting Goods
- 1,339
- National
- Michaels
- Art/Crafts
- 1,437
- International
- Panera Bread
- Bakery
- 2,860
- International
- pOpshelf
- Dollar/Variety/Thrift
- 143
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advance Auto Parts | Automotive | 4,660 | International |
| Burlington | Dept Store | 1,535 | National |
| Hibbett Sports | Sporting Goods | 1,339 | National |
| Michaels | Art/Crafts | 1,437 | International |
| Panera Bread | Bakery | 2,860 | International |
| pOpshelf | Dollar/Variety/Thrift | 143 | National |
PROPERTY FACTS
ABOUT THE PROPERTY
Towne Crossing is a premier retail destination strategically located at the bustling intersection of Midlothian Turnpike and North Courthouse Road in Midlothian, Virginia. This vibrant shopping center offers exceptional visibility with over 47,000 vehicles per day on Midlothian Turnpike and an additional 31,000 on Courthouse Road, making it one of the most high-traffic corridors in the region. Just 20 minutes from downtown Richmond, Towne Crossing serves a dynamic trade area with more than 131,000 residents within a five-mile radius and average household incomes exceeding $118,000. The center benefits from Richmond’s strong economic growth, ranking among the top cities for economic potential and experiencing a 12.3% population increase over the past decade. Surrounded by affluent neighborhoods and thriving businesses, Towne Crossing provides retailers with a prime opportunity to capture both commuter and local traffic. Its strategic location, ample parking, and easy access make it ideal for national brands, specialty retailers, and service providers seeking to establish or expand their presence in one of Central Virginia’s most desirable retail corridors.
- Air Conditioning
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Towne Crossings | 11609-11647 Midlothian Tpke
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