Downtown Richmond Office Space

Downtown Richmond

Office Space Market Report

Number of Listings (last 90 days)
39
As of: April 26, 2017

Downtown Richmond Rates

Most listings are in the $0's per square foot per year. The Downtown Richmond region is going through a decline in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 100% decrease in rent.

Downtown Richmond Listing Supply

In the last 90 days, 39 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 buildings in this area are approximately 3 floors. Most buildings in this market were built in 1954 and are Class A.

Downtown Richmond Community

A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Most of the folk 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 Report

Trends and status of the commercial real estate market in Downtown Richmond.
Market Report

Market Data

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