Downtown Richmond Commercial Real Estate For Lease

Downtown Richmond

Market Report

Number of Listings For Lease
Posted in the last 90 days
29
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,550

Downtown Richmond Commercial Real Estate

Find Downtown Richmond commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Downtown Richmond commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Compared to the rest of the Richmond commercial real estate market, the Downtown Richmond submarket has more expensive rates for rent, and you may need to pay a premium to be in this hot submarket.

Downtown Richmond Listing Supply

In the last 90 days, 393 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Downtown Richmond are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,550 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built approximately 1929 and are Class A.

Downtown Richmond Community

A large portion of this market is residential, but there's plenty of office space. Real estate is the dominant industry in this area. Most of the occupants of Downtown Richmond work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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