Richmond, VA Industrial Properties for Lease
- Henrico, VA
- Staunton, VA
- Bon Air, VA
- Chesterfield, VA
- Mechanicsville, VA
- Glen Allen, VA
- Sandston, VA
- Midlothian, VA
Richmond, VA Industrial properties Lease Rates & Market Statistics
Explore 70 Industrial properties for lease in Richmond, VA on Realmo, a commercial real estate exchange covering the Richmond area. The current inventory totals 4,179,116 square feet of properties — an average of ~59,700 SF per listing.
Asking lease rates for Industrial properties in Richmond start at $7 SF/Yr, average $11.80 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 $11.80 SF/Yr is 19% below the Virginia state average of $14.58 SF/Yr.
Richmond accounts for 88% of the 80 industrial properties currently available across Richmond City County, where nearby markets include Henrico and North Chesterfield. By space type, the market includes 35 flex space listings, 19 other industrial properties and 10 distribution centers — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.