Richmond Office Space

FOR LEASE > OFFICE - Space Monument Avenue Park, Richmond, VA  
Aug 16
4,900
sqft
Office
200 S 10th St - Unit 1020 Central Office, Richmond, cubicles
Sep 13
3,890
sqft
Sublease Office
23 S 13th St - Floor 1 Shockoe Slip, Richmond, rate negotiable
Sep 13
1,000
sqft
Office
1111 E Main St - 3 Spaces Central Office, Richmond, rental rate negotiable
Sep 04
8,370 - 16,370
sqft
Office
120 W Brookland Park Blvd - Space Brookland Park, Richmond, VA  
Aug 22
950
sqft
Office Retail
5519 Pride Rd - Unit A Midlothian, Richmond, VA This listing is a gross lease lease.
Aug 19
10,040
sqft
Industrial Office
9211 Forest Hill Ave - 4 Spaces Huguenot, Richmond, HVAC
Aug 14
770 - 3,120
sqft
Office
2201 W Broad St - 3 Spaces The Fan, Richmond, rental rate negotiable
Jun 28
1,490 - 5,260
sqft
Office
9020 Stony Point Pkwy - 7 Spaces Richmond, storage space
Jun 17
90 - 340
sqft
Office
4103 Monument Ave - Floor 2 Malvern Gardens, Richmond, VA meeting hall
Jun 02
6,000
sqft
Industrial Office Retail

Richmond

Market Report

Number of Listings
Posted in the last 90 days
38
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,720

Richmond Rates

The typical asking rate per listing is in the $30's per square foot per year. The Richmond region is seeing a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 39% rise in rent.

Compared to the rest of the Richmond market, the Richmond submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Richmond Listing Supply

In the last 90 days, 772 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Richmond 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 3,890 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1953 and are Class B.

Richmond Community

Market Data

Real time and historical data on commercial real estate listings in Richmond.
Research