Carytown - Museum District Retail

Carytown - Museum District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,600
As of: July 19, 2017

Carytown - Museum District Rates

Most listings are in the $20's per square foot per year. The Carytown - Museum District submarket is going through a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year.

Compared to the rest of the Richmond market, the Carytown - Museum District submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Carytown - Museum District Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Carytown - Museum District are subleases, so you might be able to find a shorter term or below market rent. 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 20,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1957 and are Class B.

Carytown - Museum District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Carytown - Museum District occupants. Commuting approximately 10 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 Carytown - Museum District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Carytown - Museum District.
Research