Downtown Richmond Retail

Downtown Richmond

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,570
As of: January 18, 2017

Downtown Richmond Rates

Compared to the rest of the Richmond market, the Downtown Richmond region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Richmond Listing Supply

In the last 90 days, 27 listings have been listed, which means office spaces most likley are 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 1,500 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1964 and are Class A.

Downtown Richmond Community

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