51 Commercial Properties for Lease in Richmond, VA

Browse 51 commercial properties for lease in Richmond, VA with an average asking rent of $25.15 per SF and 2,799,200 SF of available space.

51Listings
2,799,200 SFAvailable space
15,814,500 SFTotal inventory
$25.15/SFAvg asking rent
20,000 SFMedian suite
Summit PlazaRichmond, VA · Industrial · Class B517,300 SF available$9.95 – $12.11/SF/yr NNN
775 Cox RdRichmond, VA · Multi-Family · Class B31,000 SF availableRate on request
97 W Broad StRichmond, VA · Flex · Class A4,300 SF available$17.10 – $20.82/SF/yr NNN
Brazos PavilionRichmond, VA · Flex · Class A3,200 SF available$16.80 – $20.45/SF/yr NNN
3369 Cox RdRichmond, VA · Industrial · Class A144,500 SF$11.98 – $14.59/SF/yr NNN
2908 W Broad StRichmond, VA · Office · Class A32,500 SF available$26.27 – $31.99/SF/yr FS
Colorado PointRichmond, VA · Multi-Family · Class A29,200 SF availableRate on request

About the Richmond, VA commercial market

51 commercial properties are tracked in Richmond, VA, representing 15,814,500 SF of rentable building area, of which 2,799,200 SF is currently marketed as available.

Asking rents average $25.15 per square foot per year, the median marketed suite is 20,000 SF, and listings have been on market a median of 430 days.

The stock splits 15 Class A, 23 Class B, 13 Class C, with construction dates from 1906 to 2024 (median 1968).

The most concentrated submarkets are Scott's Addition (11), Shockoe Slip (10), Richmond CBD (9), Southside (8), Short Pump (7).

Richmond space by property type

Nearby cities

Richmond resources

Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.

Frequently asked questions

What is the average asking rent for commercial space in Richmond, VA?

Across the 51 commercial listings published in Richmond, VA, asking rents average $25.15 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Richmond, VA?

2,799,200 SF is currently marketed across 41 buildings, out of 15,814,500 SF of total inventory.

What is the commercial vacancy rate in the Richmond market?

The Richmond commercial market is running 6.0% vacancy with year-over-year asking rent growth of -0.7%.

Which submarkets have the most commercial space in Richmond, VA?

Scott's Addition (11 properties), Shockoe Slip (10 properties), Richmond CBD (9 properties), Southside (8 properties), Short Pump (7 properties).

What are the most active ZIP codes for commercial property in Richmond, VA?

23219 (19), 23230 (11), 23224 (8), 23233 (7), 23226 (6).

What cap rates are commercial assets trading at in Richmond, VA?

Listed commercial assets in Richmond, VA show an average asking cap rate of 5.57%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Richmond, VA?

Capitol Commercial (6 listings), Summit Advisory Group (4 listings), Republic Partners (4 listings), Bluebonnet Realty Advisors (4 listings), Concord Realty Services (3 listings). See the full Richmond, VA broker directory.

How do I list a commercial property in Richmond, 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.