Richmond Sublease

Richmond

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,160
As of: January 22, 2017

Richmond Rates

On average, listings lease in the $20's per square foot per year. The Richmond submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

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

Richmond Listing Supply

In the last 90 days, 44 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,570 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1957 and are Class B.

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