Monroe Ward Industrial

Monroe Ward

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
7,950
As of: August 17, 2017

Monroe Ward Rates

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

Monroe Ward Listing Supply

In the last 90 days, 9 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available leases in the Monroe Ward are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 7,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1901 and are Class B.

Monroe Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Monroe Ward folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Monroe Ward.
Market Report

Market Data

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