Richmond, VA Commercial Inventory Breakdown
Office Spaces
Total: 23,494,868 SF
By square footage range:
- 50k to 100k SF: 5,078,954 SF / 21.62% of total office
- 100k to 500k SF: 15,227,112 SF / 64.81% of total office
- 500k to 1M SF: 3,188,802 SF / 13.57% of total office
By class:
- Class A: 12,066,565 SF / 51.36% of total office
- Class B: 9,110,773 SF / 38.78% of total office
- Class C: 667,795 SF / 2.84% of total office
Top 10 Largest Office Buildings
in Richmond
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 600 Canal Place | 600 Canal Place, 23219 | 913,337 | 2019 |
| VCU Health Adult Outpatient Pavilion | SWC North 10th Street & East Leigh Street, 23298 | 615,000 | 2021 |
| Philip Morris USA Operations Center | 2001 Walmsley Blvd, 23234 | 570,149 | 1982 |
| Riverfront Plaza - West Tower | 901 East Byrd Street, 23219 | 490,865 | 1990 |
| SunTrust Center | 919 East Main Street, 23219 | 458,000 | 1982 |
| VA Bio+Tech Park - Bio+Tech Nine | 601 East Jackson Street, 23219 | 450,000 | 2007 |
| Riverfront Plaza - East Tower | 951 East Byrd Street, 23219 | 442,800 | 1990 |
| One James Center | 901 E Cary St, 23219 | 426,096 | 1985 |
| SunTrust Riverview Center | 1001 Semmes Avenue, 23224 | 426,000 | 1998 |
| 7100 Midlothian Tpke | 7100 Midlothian Tpke, 23225 | 353,227 | 1976 |
Largest Office Properties Recently Completed
in Richmond
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| VCU Health Adult Outpatient Pavilion | SWC North 10th Street & East Leigh Street, 23298 | 615,000 | 2021 |
| Philip Morris Headquarters - Expansion | 6601 West Broad Street, 23230 | 170,000 | 2021 |
| Westhampton Commons - Offices | 5800 Patterson Avenue, 23226 | 59,966 | 2021 |
| 2035 Maywill Street | 2035 Maywill Street, 23230 | 146,600 | 2020 |
| 600 Canal Place | 600 Canal Place, 23219 | 913,337 | 2019 |
| Virginia Urology Headquarters | 9101 Stony Point Pkwy, 23235 | 87,000 | 2018 |
| 1717 Innovation Center | 1717 East Cary Street, 23223 | 42,000 | 2018 |
| 1806 Summit Ave | 1806 Summit Avenue, 23230 | 35,985 | 2018 |
| The Symbol | 3200 Rockbridge Street, 23230 | 60,000 | 2017 |
| Children's Hospital of Richmond at VCU - Children's Pavilion | 1000 East Broad Street, 23219 | 309,537 | 2016 |
Frequently Asked Questions
How much does office space cost in Richmond, VA?
The average office rental rate in Richmond, VA is $18.57 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Richmond Office Market Trends for more stats.
What is the size of available office spaces in Richmond, VA?
The Richmond, VA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 112,217 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Richmond, VA is 200 square feet, while the maximum rentable space on the market now is 224,233 square feet.
How do I get office space in Richmond, VA?
Start your search for office space in Richmond, VA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Richmond, VA?
There are 338 office listings on the Richmond, VA market. See all available office spaces for rent.
Where to rent an office space in Richmond, VA?
Popular Richmond neighbourhoods with available office spaces include West End Richmond, Downtown Richmond and Central Office.
What other property types are available for lease in Richmond, VA?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Richmond Demographics
Population
- Total Population226,622
- Male Population(47.4 %) 107,430
- Female Population(52.6 %) 119,192
- Median Age34.00
Income/Financial
- Average Household Income$76,176
- Median Household Income$47,250
- Median Income Under 25$20,609
- Median Income 25-44$54,481
- Median Income 45-64$52,867
- Median Income Over 65$37,730