Compared to the rest of the Richmond market, the City Center submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 13 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,220 sqft. Most properties in this area are around 3 floors. Most buildings in this area were built in 1930 and are Class A.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst City Center folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.