Staples Mill Square

Jones Lang LaSalle is pleased to present the opportunity to acquire Staples Mill Square – a 96,343 square foot shopping center anchored by a freestanding Aldi and Marshalls, and shadow-anchored by Target and Food Lion, in Henrico, Virginia.

Built in 2007, Staples Mill Square is a collection of six buildings, including five separately parceled, single-tenant pads leased by Aldi, Taco Bell, Atlantic Union Bank, McDonald’s, and Discount Tire. The Property’s largest tenant – Marshalls – opened in August 2022 after signing a new 10-year lease to relocate from within the market. The property is home to 11 total tenants with the recent execution of a lease with Ace Hardware, taking 12,830 square feet and expecting to be open in summer 2026.

Staples Mill Square is 97% leased and occupied, with two available suites totaling 2,852 square feet providing opportunity for immediate value creation. The opening of Ace Hardware is expected to draw increased visitor traffic to the center, generating positive spillover effects that will enhance foot traffic and customer exposure for all tenants.

Located at a signalized entrance on Staples Mill Road, the Property has unimpeded visibility to over 25,000 vehicles per day traversing the commuter thoroughfare that connects Interstates 64 and 295 as well as serves the Henrico and Glen Allen communities.