The Shops at Railey Hill is a bustling, fully-leased commercial complex sitting on a 0.98-acre plot along Midlothian Turnpike. With an impressive footprint of 14,528 square feet, the center enjoys remarkable visibility along this highly traveled thoroughfare, experiencing a daily traffic count of 58,000 vehicles. This superior visibility, combined with its easy accessibility, makes it an extremely coveted location for businesses seeking substantial footfall and excellent exposure.
Embedded in a vibrant retail environment, this complex finds itself in the company of prominent national retailers, further amplifying its attractiveness for potential tenants. Currently, the property boasts a diverse tenant mix that includes popular establishments such as Jo-Jo's Pizza and Idyllic Nails, among others. These businesses significantly contribute to the property's magnetic appeal, drawing a steady stream of visitors and shoppers.
The demographic profile within a three-mile radius of the Shops at Railey Hill is highly favorable, comprising 15,907 households with an average household income of $112,231. This affluent customer base and robust population density present a lucrative opportunity for businesses to grow and thrive. The local population's disposable income and propensity for quality goods and services enhance the commercial potential of this property, ensuring a robust return on investment.
This complex's strategic positioning, robust customer footfall, high visibility, and impressive tenant line-up, all combine to make the Shops at Railey Hill a compelling choice for businesses seeking to establish or expand their operations in a dynamic retail environment.
Loretta Cataldi
Divaris Real Estate, Inc.