Richmond Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Richmond Rates

The typical asking rate per listing is in the $0's per square foot per year. The Richmond submarket is seeing a decline in rates. In the last 3 months, the median rate fell $37 per sqft per year. That's a 100% decline in rent.

Richmond Listing Supply

In the last 90 days, 0 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the listings in the 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this region are around 1 stories.

Richmond Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Richmond occupants. Commuting close to 20 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 Richmond.
Market Report

Market Data

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