7 E 16th St
7 E 16th St, Richmond, VA 23224
Prime Free-Standing Retail Space for Lease – Former Family Dollar Location
This high-visibility, free-standing retail property offers an exceptional opportunity for your business. Formerly a Family Dollar, the space is well-suited for a variety of retail, office, or service-oriented businesses. Located in a bustling area with high foot traffic and easy access to major roads, the property provides ample parking and convenient entry points for customers.
Property Features:
- Previously occupied by Family Dollar
- Large storefront with prominent signage opportunities
- High traffic location with excellent visibility
- Ample on-site parking
- Easy access to major highways and public transportation
- adjacent to redevelopment along Hull Street Rd.
Ideal for: Retailers, discount stores, grocery chains, fitness centers, medical offices, and more.
Lease Terms: Competitive rates, negotiable lease terms.
Rental Details
- Number of spaces 1
- Total square feet available 8,779 SF
- For Lease $16.00/SF/YR
- Space Type Free Standing Bldg
- Lease Type NNN
- Latest Update Jun 27, 2025
Reach out to the broker for more info on lease terms and amenities
True
1 Space Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| Full Building | Free Standing Bldg | $16.00/SF/YR | 8,779 SF | - | NNN |
Full Building
- Space Type
- Free Standing Bldg
- Lease Rate
- $16.00/SF/YR
- Total Space
- 8,779 SF
- Lease Type
- NNN
Contacts
Lease Florida
Building Details
- For Lease $16.00/SF/YR
- Property Type Retail
- Property Size 8,779 SF
- Lot Size 0.59 Acre
- Zoning B-5
- Additional Rent Price on request
- # of Floors 1
- Average Floor Size 8,395 SF
- Parking Spaces Avail. 45
- Parking Ratio 5.13 / 1,000 SF
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1900
- Date Updated Jun 27, 2025
Location
- City Richmond, VA
- Neighborhood Blackwell
- Zip Code 23224
- Market Richmond Tidewater
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Walk score 76/100 Very Walkable -
Transit score 47/100 Some Transit -
Bike score 62/100 Bikeable
Points of Interest
Richmond Main Street
1.50 miles
Valero
0.50 miles
BP
1.67 miles
Exxon
1.70 miles
Mobil
1.75 miles
Kroger
2.59 miles
ChargePoint
3.10 miles
EVgo
3.41 miles
Tesla Supercharger
4.81 miles
Libbie Mill Charger
5.62 miles
Richmond Walmart
7.92 miles
SunTrust Parking Garage
0.54 miles
Floodwall Walk Parking
0.68 miles
JRPS 22nd St Parking
0.68 miles
Floodwall Parking
0.86 miles
VCU MCV R Lot
1.05 miles
VCU MCV M Lot
1.11 miles
Dominion Clearinghouse Parking
1.14 miles
Belle Isle Parking
1.15 miles
Riverside on The James Parking
1.19 miles
JRPS Headquarter Parking
1.23 miles
Camden's Dogtown Market
0.59 miles
Farm Fresh
1.64 miles
Fine Food Market
1.67 miles
Save-A-Lot
1.72 miles
Blue Nile Market
1.94 miles
Super Fresh Supermarket
2.04 miles
Urban Farmhouse VCU
2.20 miles
Ram City Market
2.25 miles
Chimbo
2.29 miles
Stella's Grocery
2.36 miles
Listing Summary
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The Price for Retail Space at 7 E 16th St
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 7 E 16th St, asking rent starts at $$16.00/SF/YR per square foot.
7 E 16th St is located in the Blackwell neighborhood, which is home to a total of 3 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. 7 E 16th St has 45 parking spots, for a parking ratio of 5.13 / 1,000 SF
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Retail Space Options Available at 7 E 16th St
The property exclusively contains Free Standing Bldg space totaling 8,779 square feet. The leasing opportunity here is available under NNN lease terms.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 7 E 16th St, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Blackwell Neighborhood
7 E 16th St is located in the Blackwell neighborhood of Richmond. The Blackwell retail market offers 3 retail listing(s), representing a total of 20,121 square feet of retail space for lease.
The most common retail type in the Blackwell neighborhood is Free Standing Bldg, of which the market currently offers 1 space(s). You can also find 1 Street Retail space(s).
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Blackwell resident is 34 years old, and the median household income here is $50,475 per year.
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