Near West End Sublease

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Near West End

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Near West End Rates

The typical asking rate per listing is in the $10's per square foot per year. The Near West End submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 33% decrease in rent.

Compared to the rest of the Richmond market, the Near West End submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Near West End Listing Supply

In the last 90 days, 8 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,390 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1981 and are Class B.

Near West End Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Near West End folk. Commuting between 30 and 45 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 Near West End.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Near West End.