Richmond Sublease

Richmond

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,810
As of: May 21, 2017

Richmond Rates

The typical asking rate per listing is in the $20's per square foot per year. The Richmond region is seeing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 30% rise in rent.

Compared to the rest of the East Bay market, the Richmond region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Richmond Listing Supply

In the last 90 days, 14 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Richmond 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,810 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1987 and are Class A.

Richmond Community

Market Report

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

Market Data

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

Richmond Submarkets