Richmond Retail

2506 Sheila Ln - 3 Spaces Chippenham Forest, Richmond, VA rental rate is negotiable
Sep 22
1,200 - 2,400
sqft
Retail
120 W Brookland Park Blvd - Space Brookland Park, Richmond, VA  
Aug 22
950
sqft
Office Retail
2916 North Ave - 2 Spaces Northern Barton Heights, Richmond, VA  
Aug 19
1,200
sqft
Retail
5610 Hull Street Rd - Space Swanson, Richmond, VA former beauty outlet
Aug 08
8,000
sqft
Retail Other
1114 E Main St - Floor 1 Capitol District, Richmond,  
Jul 31
1,880
sqft
Retail
939 W Grace St - Space VCU, Richmond, VA  
Jul 31
2,250
sqft
Retail Hotel
511 E Belt Blvd - Unit 511 Belt Center, Richmond, VA  
Jul 11
3,450
sqft
Retail
441 E Belt Blvd - Unit 445 Belt Center, Richmond, VA  
Jul 11
5,080
sqft
Retail
527 E Belt Blvd - Unit 525 Belt Center, Richmond, VA  
Jul 11
970
sqft
Retail
435 E Belt Blvd - 3 Spaces Belt Center, Richmond, VA  
Jul 11
1,050 - 2,640
sqft
Retail
441 E Belt Blvd - 5 Spaces Belt Center, Richmond, VA  
Jul 10
4,560 - 15,500
sqft
Retail
2300 W Main St - Floor 1 The Fan, Richmond, VA HVAC
Jun 26
3,000
sqft
Retail
4103 Monument Ave - Floor 2 Malvern Gardens, Richmond, VA meeting hall
Jun 02
6,000
sqft
Industrial Office Retail
2837 Hathaway Rd - Unit F Stratford Hills, Richmond, VA  
May 23
280
sqft
Office Retail
FOR LEASE > URBAN RETAIL - Space VCU, Richmond, VA  
Apr 01
4,000
sqft
Office Retail

Richmond

Market Report

Number of Listings
Posted in the last 90 days
18
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,850

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