Richmond, VA Flex Space for Lease
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Richmond, VA Flex space Lease Rates & Market Statistics
Explore 31 Flex space listings for lease in Richmond, VA on Realmo, a commercial real estate exchange covering the Richmond area. The current inventory totals 488,980 square feet of properties — an average of ~15,750 SF per listing.
Asking lease rates for Flex space in Richmond start at $7.46 SF/Yr, average $13.24 SF/Yr, and reach $15 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13.24 SF/Yr is in line with the Virginia state average.
Richmond accounts for 94% of the 33 flex space listings currently available across Richmond City County, where nearby markets include Henrico and North Chesterfield. Flex space listings make up 53% of the 59 Industrial properties currently for lease in Richmond, with asking rates averaging $13.24 SF/Yr — 12% above the citywide Industrial properties average of $11.80 SF/Yr. Also worth a look for tenants weighing alternatives: Other industrial properties (15 listings) and Distribution centers (6 listings) elsewhere in the Richmond market.