Spaces For Lease

at 1635 Commerce Rd Contact us

1635 Commerce Rd $12.50/SF/Yr

Floor

1

Size

10,740 SF

Type

INDUSTRIAL

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

- AVAILABLE JULY 1, 2026 - 10,740 SF +/- Total with Storage Yard - Includes 2-Story... Office 2,640 SF - HVAC in Good Condition & New Electrical - New Lighting in Whse, High Speed Internet - 2.80 Acres +/- Fenced - Zoned M-1: Allows Outside Storage - 2,000 SF Drive-thru Shop Building w/Four 14' Height Roll-up Doors - FOR LEASE: $12.50/SF NNN ($2.06/SF Pass-thru Cost)

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Contact us

Listing Agency: Porter Realty Company, Inc - CORFAC International Show Phone

Listed By: Byron Holmes Show Phone

Source: Moodyscre

Added: May 28 Changed: Sep 11 Last Checked: Sep 12 at 11:27AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porter Realty Company, Inc - CORFAC International

Investment Insights

Based on property information with market context.

Industrial flex facility with 10,740 SF +/- total including a storage yard. The property includes a 2,640 SF two-story office and a 2,000 SF drive-thru shop building with four 14' height roll-up doors.

HVAC is reported to be in good condition, with new electrical and new lighting in the warehouse. High-speed internet is included. The site is approximately 2.80 acres +/- and is fenced, and the property is zoned M-1, which allows outside storage.

The warehouse and yard configuration is supported for operations that need both office space and exterior storage, with direct access through the drive-thru shop setup and multiple roll-up doors.

Key Highlights

• Available July 1, 2026: 10,740 SF +/- industrial flex space with storage yard
• Includes 2,640 SF two‑story office
• 2,000 SF drive‑thru shop with four 14' height roll‑up doors

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

NNN (Triple Net)

Lease Type

$1.88 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

180

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 23224, VA

39,468

Population

18,201

Households

2.2

Avg Household Size

33

Median Age

19%

College-Educated

80%

High-School Grad

11.6 sq mi

ZIP Area

3,402

Density / Sq Mi

$49,263

Median Household Income

$36,275

Median Earnings

$1,268

Median Rent

$189,200

Median Home Value

Market

Lease Benchmarks for Richmond, VA

$13.24 /SF/Yr

Avg Asking Price

$7.46–$15 /SF/Yr

Price Range

14,009 SF

Avg Space Size

This space is priced 6% below the average of $13.24 /SF/Yr.

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019

3.7% 2020

2.5% 2021

2.8% 2022

3.1% 2023

3.7% 2024

3.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial flex space offers a fenced yard, drive-thru shop, and 2,640 SF two-story office.

Where is this flex space located?

The property is located at 1635 Commerce Rd Richmond, VA.

What is the lease rate?

The lease rate is $12.50 SF/Yr.

What are key features of this property?

This property features: Available July 1, 2026: 10,740 SF +/- industrial flex space with storage yard; Includes 2,640 SF two‑story office; 2,000 SF drive‑thru shop with four 14' height roll‑up doors