3831 Westerre Pkwy
Henrico, VA

Nathan Hughes

804-349-1000

Donnell Q. Sims, Sr

804.307.2470

3831 Westerre Pkwy
Henrico, VA

Location:
Innsbrook is one of Richmond's largest, most soughtafter office submarkets. The area features direct highway access, as well as major shopping and dining destinations that serve the metro's fast-growing and affluent suburban neighborhoods in Western Henrico County. Given those demographic trends, as well as the amenities of nearby neighborhoods, Innsbrook has emerged as one of Richmond's primary suburban office submarkets.

The health of Innsbrook's office market is vastly different now than it was a decade ago, even as demand has dipped into negative territory in three of the past four years. Nonetheless, vacancies are below historical norms and development is minimal.

This site in particular is less than 1 mile to the nearest interstate, I-64, and is minutes away from I-295 (an alternative to going through the City, to and from the Richmond International Airport) and 288 (to give you easy access to and from Chesterfield County).

Site:
Built in 2011, the Westerre Conference Center is a beautifully maintained office building with first floor, state of the art conference center facilities that have been used by the owner and rented out to other corporate users. The 25,116 square foot building sits on 1.844 acres with enough parking on that immediate site to accommodate the parking requirements for the County. An adjacent parcel of 1.467 acres is available for purchase, with additional paved, lit parking for overflow.

The owners will be vacating, so this is an excellent owner-user opportunity, or even a great investment in a stable area with consistent growth. The additional parking lot could be used as-is, or used for infill development. Innsbrook is converting to more mixed-use and adding apartment buildings, which will only increase the demand and simultaneously decrease the supply of office space.

Property Details

  • 25,116
    Square Feet
  • 2011
    Year Built
Full conference room 107 * - 110* combined 52' x 32'
Half conference room 107* or 110* star 26' x 32'
Meeting rooms 106 & 113 21x13
Conference room 118** 32' x 22'
Lounge 28' x 18'
Parking Spots
Full conference room 107 * - 110* combined 52' x 32'
Half conference room 107* or 110* star 26' x 32'
Meeting rooms 106 & 113 21x13
Conference room 118** 32' x 22'
Lounge 28' x 18'
Parking Spots
Full conference room 107 * - 110* combined 52' x 32'
Half conference room 107* or 110* star 26' x 32'
Meeting rooms 106 & 113 21x13
Conference room 118** 32' x 22'
Lounge 28' x 18'
Parking Spots

Presented By

Nathan Hughes

CBI, CCIM Principal Broker | Licensed in the Commonwealth of Virginia
SPERITY Real Estate Ventures | 215 E Grace St, Suite 100 Richmond, VA 23219
Contact

Donnell Q. Sims, Sr

REALTORĀ® Licensed in the Commonwealth of Virginia
United Real Estate Richmond | 9011 Arboretum Pkwy Suite 120, Richmond, VA 23236 | 804.359.9200 ext 29
Contact
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