The typical asking rate per listing is in the $20's per square foot per year. The Henrico County submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 1133 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Henrico County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Henrico County.
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