Most listings are in the $20's per square foot per year. The Richmond submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Richmond market, the Richmond submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 68 listings have been made available, so you'll want to check back regularly for new listings. About 84% of the available space in the Richmond 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.
The standard measurement for office space in this area is around 2,060 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1954 and are Class B.