Description

About White Oak Village - Richmond, VA

The center is advantageously situated at the intersection of I-64 (56,532 AADT) and S Laburnum Avenue (35,748 AADT), providing high visibility and convenient accessibility for commuters, employees and residents. The regional connectivity east of downtown Richmond generates an extended trade area with the nearest retail hub 45 miles to the east. The area’s population within a 5-mile radius of 136,031 and daytime population of 82,971 are healthy and forecasted to increase nearly 3% over the next five years.

About Richmond

Richmond is well-recognized as one of the best places to live due to its strong economy, low unemployment rate, pro business environment, Fortune 1000 companies and a highly educated workforce. It continually ranks as one of the fastest growing markets on the East Coast. The Richmond International Airport is located within a mile of the property and helps fuel employment growth. Furthermore, a 15-minute drive from the Center, Facebook’s new $1.75B, 2.4 MSF data center facility at White Oak Technology Park will continue to drive the daytime population and activity in the surrounding area.

Highlights

• Best-in-Class Shadow Anchors, includling Target and Lowes, and Dominant Food & Beverage and Convenience Concepts, including Chick-Fil-A, Panera, McDonalds and Cracker Barrel, Drive Significant Traffic

• Dominant Grocery Anchored Center anchored by Publix

• High Performing Retail Submarket with Negligible Vacancy

• Five Ingress/Egress Points with Dedicated Turn Lanes into White Oak Village and 2,129 Parking Spaces - 5.26 Spaces Per 1,000 SF