A national burger joint soon will be stuffing itself into a Southside shopping center, taking over for a coffee shop chain that is moving across the street.
Five Guys Burgers and Fries will fill about 2,700 square feet that Starbucks occupies at 7017 Forest Hill Ave. in the Publix- and Target-anchored Shops at Stratford Hills.
Starbucks will vacate the storefront in favor of a 2,600-square-foot standalone store with a drive-thru that’s under construction at 6980 Forest Hill Ave., where a BB&T bank branch previously stood.
The Forest Hill location would be Five Guys’ only spot South Richmond and second in the city, adding to its location near VCU at 931 W. Broad St. And it marks a return for the chain to the Shops at Stratford Hills. It was one of the shopping center’s earlier tenants but moved out a few years ago.
The Lorton-based company operates 10 metro Richmond locations throughout Colonial Heights, Henrico and Chesterfield, and over 1,500 restaurants worldwide.
Thalhimer’s Jim Ashby and Reilly Marchant represented the landlord in the deal. Ashby said the burger joint would begin moving into the space after Starbucks leaves, although he could not disclose when that may occur.
Five Guys, along with Shops at Stratford Hills owner Harper Associates, could not be reached for comment Friday afternoon.
A long-term lease for the future Starbucks site was completed by Thalhimer brokers Nicki Jassy and Pete Waldbauer.
BB&T closed the Forest Hill branch in December 2017. Verdad Real Estate, a Texas firm that develops single-tenant sites for national restaurant chains, including Hardees, Starbucks and Taco Bell, promptly bought it.
Verdad, which could not be reached for comment Friday, paid $706,000 for the 0.6-acre site and its 1,800-square-foot building.