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Glen Allen shopping center sells for $9.5M

Broad Street Plaza anchored by Michaels craft store

//September 14, 2023//

Broad Street Plaza shopping center in Glen Allen.

Broad Street Plaza shopping center in Glen Allen. Photo courtesy Cushman & Wakefield | Thalhimer

Broad Street Plaza shopping center in Glen Allen.

Broad Street Plaza shopping center in Glen Allen. Photo courtesy Cushman & Wakefield | Thalhimer

Glen Allen shopping center sells for $9.5M

Broad Street Plaza anchored by Michaels craft store

// September 14, 2023//

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A shopping center anchored by a Michaels craft store in Glen Allen sold for $9.5 million, Cushman & Wakefield | Thalhimer announced.

Airport Hotel LLC, of Ellicott City, Maryland, bought Broad Street Plaza, located at 9856-9864 W. Broad St. in Henrico County, on Sept. 12. The four-tenant retail center is 100% leased and includes a Kids Empire, which recently signed a 10-year lease.

Cushman & Wakefield | Thalhimer’s Capital Markets Group represented seller Sledd Properties in the sale.

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