251 Jefferson Davis Hwy$39.42 – $47.99/SF/yr NNN
5 Richmond Retail Spaces for Lease
Browse 5 Richmond, VA retail listings for lease with an average asking rent of $40.30 per SF and an average size of 9,200 SF. Filter by size, class and submarket to shortlist before you make an offer.
5Listings
46,000 SFAvailable space
597,800 SFTotal inventory
$40.30/SFAvg asking rent
3,400 SFMedian suite
3448 Midlothian Tpke$29.17 – $35.52/SF/yr NNN
2233 Midlothian Tpke$39.19 – $47.71/SF/yr NNN
Liberty Point$35.10 – $42.73/SF/yr NNN
Bluebonnet Tower$38.87 – $47.32/SF/yr NNN
About the Richmond, VA retail market
5 retail properties are tracked in Richmond, VA, representing 597,800 SF of rentable building area, of which 46,000 SF is currently marketed as available.
Asking rents average $40.30 per square foot per year, the median marketed suite is 3,400 SF, and listings have been on market a median of 199 days.
The stock splits 2 Class A, 2 Class B, 1 Class C, with construction dates from 1915 to 2017 (median 1966).
The most concentrated submarkets are Shockoe Slip (3), Southside (1), Richmond CBD (1).
Retail in nearby cities
Other property types in Richmond
Flex SpacesHospitality PropertiesIndustrial PropertiesLandMedical Office SpacesMultifamily PropertiesOffice Spaces
Retail for lease elsewhere
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 retail space in Richmond, VA?
Across the 5 retail listings published in Richmond, VA, asking rents average $40.30 per square foot per year, quoted on a NNN basis.
How much retail space is available in Richmond, VA?
46,000 SF is currently marketed across 5 buildings, out of 597,800 SF of total inventory.
What is the retail vacancy rate in the Richmond market?
The Richmond retail market is running 13.4% vacancy with year-over-year asking rent growth of 2.9%.
Which submarkets have the most retail space in Richmond, VA?
Shockoe Slip (3 properties), Southside (1 property), Richmond CBD (1 property).
What are the most active ZIP codes for retail property in Richmond, VA?
23219 (4), 23224 (1).
What cap rates are retail assets trading at in Richmond, VA?
Listed retail assets in Richmond, VA show an average asking cap rate of 5.75%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Richmond, VA?
Summit Advisory Group (1 listing), Granite Peak Realty (1 listing), Capitol Commercial (1 listing), Northgate Commercial (1 listing), Cornerstone Brokerage (1 listing). See the full Richmond, VA broker directory.
How do I list a retail 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.