Shockoe Slip Sublease

Shockoe Slip

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
4,370
As of: March 12, 2017

Shockoe Slip Rates

On average, listings lease in the $20's per square foot per year. The Shockoe Slip region is seeing a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year.

Compared to the rest of the Richmond market, the Shockoe Slip submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Shockoe Slip Listing Supply

In the last 90 days, 1 listings have been listed, which means listings might be 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.

Even though the median size is 4,370 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 5 floors. Most buildings in this market were built in 1890 and are Class A.

Shockoe Slip Community

A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Shockoe Slip residents. Commuting under 5 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 Shockoe Slip.
Market Report

Market Data

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