3241 Semmes Ave$25.29 – $30.79/SF/yr FS
Richmond CBD Submarket — Richmond
Richmond CBD submarket of Richmond: 9 tracked properties, 3,195,200 SF of inventory and 100,600 SF available.
9Listings
100,600 SFAvailable space
3,195,200 SFTotal inventory
$23.40/SFAvg asking rent
14,100 SFMedian suite
417 W Broad StRate on request
3640 Staples Mill RdRate on request
2233 Midlothian Tpke$39.19 – $47.71/SF/yr NNN
1714 Cox Rd$26.74 – $32.55/SF/yr FS
695 Midlothian Tpke$9.60 – $11.69/SF/yr NNN
742 W Broad St$15.32 – $18.64/SF/yr NNN
1660 Jefferson Davis Hwy$10.49 – $12.77/SF/yr NNN
2113 W Main StRate on request
9 commercial properties are tracked in the Richmond CBD submarket, representing 3,195,200 SF of rentable building area, of which 100,600 SF is currently marketed as available.
Asking rents average $23.40 per square foot per year, the median marketed suite is 14,100 SF, and listings have been on market a median of 313 days.
The stock splits 3 Class A, 4 Class B, 2 Class C, with construction dates from 1915 to 2024 (median 1981).
Other Richmond submarkets
ChesterfieldInnsbrookMechanicsvilleMidlothianScott's AdditionShockoe SlipShort PumpSouthsideWest End
Search this submarket
Flex for leaseIndustrial for leaseLand for leaseMulti-Family for leaseOffice for leaseRetail for lease
Frequently asked questions
What is the average asking rent for commercial space in Richmond CBD, VA?
Across the 9 commercial listings published in Richmond CBD, VA, asking rents average $23.40 per square foot per year, quoted on a FS basis.
How much commercial space is available in Richmond CBD, VA?
100,600 SF is currently marketed across 7 buildings, out of 3,195,200 SF of total inventory.
What is the commercial vacancy rate in the Richmond market?
The Richmond commercial market is running 29.1% vacancy with year-over-year asking rent growth of 3.1%.
Which submarkets have the most commercial space in Richmond CBD, VA?
Richmond CBD (9 properties).
What cap rates are commercial assets trading at in Richmond CBD, VA?
Listed commercial assets in Richmond CBD, VA show an average asking cap rate of 5.86%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Richmond CBD, VA?
Summit Advisory Group (2 listings), Northgate Commercial (1 listing), Concord Realty Services (1 listing), Landmark Commercial (1 listing), Cornerstone Brokerage (1 listing). See the full Richmond CBD, VA broker directory.
How do I list a commercial property in Richmond CBD, VA?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.