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For Lease

7 E 16th St

7 E 16th St, Richmond, VA 23224

8,779

SF Available

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 Types Free Standing Bldg
  • Lease Type NNN
  • Date Updated Jun 27, 2025
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Full Building

  • Space Type Free Standing Bldg
  • Lease Rate $16.00/SF/YR
  • Total Space Available 8,779 SF
  • Divisible Space 8,779 - 8,779 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

Contacts

broker
Jessica Fernandez

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
  • # 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

Attachments

  • 7 E 16TH St Richmond- Property package 2025 (PDF)opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (76)
  • Transit Score ®

    Some Transit (47)
  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Richmond, VA
  • Neighborhood Blackwell
  • Zip Code 23224
  • Market Richmond Tidewater
  • Map
  • Street

Points of Interest

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

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

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

7 E 16th St Listing Summary

  • 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

  • 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.

  • 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.

Contact Listing Broker
broker
Jessica Fernandez

Lease Florida

  1. 1Main information
  2. 2Extra information
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