Jackson Ward Office Space

Jackson Ward

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,100
As of: February 24, 2017

Jackson Ward Rates

On average, listings lease in the $20's per square foot per year. The Jackson Ward region is experiencing a an increase in rates. In the last 3 months, the median rate rose $23 per sqft per year.

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

Jackson Ward Listing Supply

In the last 90 days, 1 listings have come on the market, which means spaces 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1920 and are Class B.

Jackson Ward Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Jackson 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 Jackson Ward.
Market Report

Market Data

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