Monroe Ward Office Space

Monroe Ward

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
7,950
As of: August 16, 2017

Monroe Ward Rates

Compared to the rest of the Richmond market, the Monroe Ward region has lower 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 made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Monroe Ward are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 7,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market 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 region. Commute by car is the most popular way to get to work amongst Monroe Ward occupants. 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