Richmond, VA Commercial Real Estate for Lease and Sale

Explore 438 listings of Richmond commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Reynolds Crossing - 6641 West Broad Street

6641 West Broad Street, Crestview, Richmond, VA
Property

Office

200,000 SF
Availability

1 Space

750 SF
Year Built

2008
For Lease Contact for pricing
View Details (opens in new window)
Gateway Plaza

800 East Canal Street, Central Office, Richmond, VA
Property

Office

323,800 SF
Availability

2 Spaces

6,123 SF
Year Built

2015
For Lease Contact for pricing
View Details (opens in new window)
1206 Azalea Ave

1206 Azalea Ave, Ginter Park, Richmond, VA
Property

Retail

2,890 SF
Availability

1 Space

2,890 SF
For Lease

$3,800.00/MO
View Details (opens in new window)
Chesterfield Business Center - Building F

7331-7339 Whitepine Road, Robinwood, Richmond, VA
Property

Industrial
Availability

1 Space

10,000 SF
Year Built

1988
For Lease Contact for pricing
View Details (opens in new window)
10401-10461 Midlothian Turnpike - Pocono Green

10401-10461 Midlothian Turnpike, Pocono - Sturbridge Village, Richmond, VA
Property

Retail

44,371 SF
Availability

6 Spaces

12,370 SF
Year Built

1986
For Lease Contact for pricing
View Details (opens in new window)
Canal Crossing

115 South 15th Street, Shockoe Slip, Richmond, VA
Property

Office

163,800 SF
Availability

4 Spaces

56,274 SF
Year Built

2004
For Lease

$24.50/SF/YR
View Details (opens in new window)
8011 Iron Bridge Rd

8011 Iron Bridge Road, Hunting Creek Hills, Richmond, VA
Property

VacantLand
For Sale

$825,000
View Details (opens in new window)
Chesterfield Business Center - Building A

7361-7419 Whitepine Road, Robinwood, Richmond, VA
Property

Industrial
Availability

1 Space

1,640 SF
Year Built

1988
For Lease Contact for pricing
View Details (opens in new window)
Rare Diamond District Property

1603 Ownby Ln, The Diamond, Richmond, VA
Property

Industrial

31,300 SF
Year Built

1985
For Sale

$7,750,000
View Details (opens in new window)
700 E Franklin St

700 E Franklin St, Capitol District, Richmond, VA
Property

Office

94,170 SF
Availability

1 Space

15,488 SF
Year Built

1951
For Lease Contact for pricing
View Details (opens in new window)
Not finding the right space?

Tell us where and what you're looking for and the brokers will come to you
631 Research Rd & 11013 Research Court

631 Research Rd & 11013 Research Court , Southport, North Chesterfield, VA
Property

Industrial

17,700 SF
Availability

1 Space

4,200 SF
Year Built

1978
For Lease

$4,700.00/MO
View Details (opens in new window)
Libbie Mill Midtown

Libbie Mill East Blvd, Brittons Hill, Richmond, VA
Property

Retail
Availability

1 Space

2,096 SF
For Lease Contact for pricing
View Details (opens in new window)
Chesterfield Marketplace Shopping Center

1205 - 1381 Carmia Way, Heritage Commons - Country Place, N. Chesterfield, VA
Property

Retail

119,391 SF
Availability

2 Spaces

6,020 SF
For Lease Contact for pricing
View Details (opens in new window)
Fountain Park

9321-9327 Midlothian Turnpike , Shenandoah Hills - Reams Run, Midlothian, VA
Property

Office

66,867 SF
Availability

8 Spaces

12,073 SF
For Lease Contact for pricing
View Details (opens in new window)
704 Dawn St - Retail

704 Dawn St - Retail , Chamberlayne Industrial Center, Richmond, VA
Property

Retail

7,891 SF
Year Built

1959
For Sale

$1,400,000
View Details (opens in new window)
Winchester Building

10800 Midlothian Turnpike, Heritage Commons - Country Place, Richmond, VA
Property

Office

127,946 SF
Availability

1 Space

2,391 SF
Year Built

1987
For Lease Contact for pricing
View Details (opens in new window)
Premier Office Park

312 Turner Road, Providence Green, Richmond, VA
Property

Office

67,851 SF
Availability

2 Spaces

1,246 SF
Year Built

1974
For Lease

$775.00 - $1,100.00/MO
View Details (opens in new window)
SunTrust Center

919 East Main Street, Central Office, Richmond, VA
Property

Office

458,000 SF
Availability

17 Spaces

66,392 SF
Year Built

1982
For Lease Contact for pricing
View Details (opens in new window)
601 Biotech Drive

601 Biotech Drive, Rock Creek Park, Richmond, VA
Property

Office

32,194 SF
Availability

1 Space

32,194 SF
Year Built

1998
For Lease Contact for pricing
View Details (opens in new window)
Highland II

7229 Forest Avenue, Glen Forest, Richmond, VA
Property

Office

71,972 SF
Availability

2 Spaces

29,266 SF
Year Built

1995
For Lease Contact for pricing
View Details (opens in new window)
Former Hutcheson Building | Scott's Addition

3011 - 3017 West Leigh Street, Scott's Addition, Richmond, VA
Property

Industrial

17,055 SF
Availability

1 Space

17,055 SF
For Lease

$30.00/SF/YR
View Details (opens in new window)
681 Hioaks Road

681 Hioaks Road, Hioaks, Richmond, VA
Property

Office

26,182 SF
Availability

3 Spaces

10,477 SF
Year Built

1988
For Lease Contact for pricing
View Details (opens in new window)
1609 East Franklin Street

1609 E. Franklin St., Shockoe Bottom, Richmond, VA
Property

Industrial

10,897 SF
Availability

1 Space

10,897 SF
For Lease Contact for pricing
View Details (opens in new window)
2500 Pocoshock Place

2500 Pocoshock Place, Forestdale - Pocoshock Hills, Richmond, VA
Property

Office

27,167 SF
Availability

1 Space

1,538 SF
Year Built

1975
For Lease

$14.25/SF/YR
View Details (opens in new window)
3005 SF 804-Suite

804 Moorefield Park DrRichmond, Pocono - Sturbridge Village, Richmond, VA
Property

Office

3,005 SF
Availability Contact for availability

For Lease Contact for pricing
View Details (opens in new window)
0.695 AC Outparcel

5150 Nine Mile Road, Cedar Fork Estates, Richmond, VA
Property

VacantLand
For Sale

$500,000
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Richmond commercial real estate market incorporates 9,058,557 square feet of office space across 215 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Richmond, the coworking segment of the commercial real estate market incorporates about 1,889 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Richmond commercial real estate market includes 6,344,492 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Richmond market, there is a total of 5,475,978 square feet of industrial property.

The listing inventory in Richmond incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Richmond is represented by Office space, which accounts for 3,031,543 square feet of available listings. Industrial space available in Richmond adds up to 2,450,912 square feet.

Meanwhile, most of the listings of commercial property for sale in Richmond are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Richmond is $17.26 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Richmond can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $21.04 per square foot, industrial space in Richmond saw average rents of $11.72 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Richmond, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Richmond is in the Rock Creek Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Rock Creek Park area.

Meanwhile, retail space opportunities are most abundant in the VCU submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Providence Green.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $40 per square foot. In particular, the property type commanding the highest lease rates in Richmond was Office space.

Conversely, the highest sale price last year was $66,172,500 that is located at 2015 Staples Mill Road.

The average size of a commercial property in Richmond depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Richmond, the average size of an office property is 50,891 square feet.
Retail properties here incorporate an average of 76,440 square feet.
Industrial space in Richmond is in buildings that are, on average 99,564 square feet in size.

Richmond, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Richmond currently add up to 8,099,107 square feet. The market offers 195 active office listing(s), which amount to 3,028,276 square feet and account for 55% of commercial spaces on the market. Local retail availability includes 1,522,489 square feet across 95 retail space(s). Industrial space for rent opportunities in Richmond amount to 2,450,912 square feet across a total of 46 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	195	3,028,276
Retail	95	1,522,489
Industrial	46	2,450,912
Other	14	1,097,430

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Richmond, VA. Currently, there is 886,887 square feet of commercial property for sale here , which includes 20 office building(s) for sale , 14 retail investment opportunity listing(s) , and 17 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	20	285,046
Retail	14	68,826
Industrial	17	387,848
Other	42	145,167

Richmond, VA Commercial Real Estate for Lease and Sale

Reynolds Crossing - 6641 West Broad Street

Gateway Plaza

1206 Azalea Ave

Chesterfield Business Center - Building F

10401-10461 Midlothian Turnpike - Pocono Green

Canal Crossing

8011 Iron Bridge Rd

Chesterfield Business Center - Building A

Rare Diamond District Property

700 E Franklin St

631 Research Rd & 11013 Research Court

Libbie Mill Midtown

Chesterfield Marketplace Shopping Center

Fountain Park

704 Dawn St - Retail

Winchester Building

Premier Office Park

SunTrust Center

601 Biotech Drive

Highland II

Former Hutcheson Building | Scott's Addition

681 Hioaks Road

1609 East Franklin Street

2500 Pocoshock Place

3005 SF 804-Suite

0.695 AC Outparcel

Frequently Asked Questions

Richmond, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Richmond, VA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Richmond, VA?

What factors affect the price of commercial real estate in Richmond, VA?

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

What are the best areas for commercial real estate in Richmond, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Richmond, VA?

Richmond, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us