Skip to main content
Tap to use current location
X

Advanced Filters

Market

Sale Price

Lease Price

Available Square Feet

Keywords

Apartment Amenities

Community Amenities

Available Spaces

Square Footage

Keywords

Please select a property type in order to see the advanced filters.

S.L. NUSBAUM REALTY CO. ANNOUNCES SALE OF ARCH VILLAGE SHOPPING CENTER IN MIDLOTHIAN, VA

For Immediate Release
Contact: Susan Childress Corporate Marketing Director schildress@slnusbaum.com 757.282.6505
SL Nusbaum X Team
arch village main image

RICHMOND, VA (October 2016) – S.L. Nusbaum Realty Co. is pleased to announce the sale of Arch Village Shopping Center, located at 9131-9219 Midlothian Turnpike in Richmond, VA for $4,850,000.

Comprised of two separate parcels under the ownership of KBAS, LLC and Harding Property 1, the center totals approximately 55,000 SF on just over 5 acres, which includes a 30,000+ SF big box, currently occupied by American Freight, and the remaining being small shop space.

The properties were sold to Arch Village Management Realty and Midlothian Management Realty. The new ownership intends to merge the properties back into one parcel for the purposes of adding an outparcel to the site.

Nathan Shor and Reid Cardon of S.L. Nusbaum Realty Co. represented the buyer and seller on the big box component and the buyer on the small shop space. Joe Harding of Harding & Associates represented the seller of the small shop space.

With over 112 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping center projects, apartment communities, office and industrial properties throughout the Mid-Atlantic.

 

###