Renovated Flex
New
For Lease
$7,058/Mo
5050-5066 Commerce Rd, Richmond, VA 23234
Commercial space positioned near I-95 and the Port of Richmond.
Space SizeContact for details
Days on Market3
Property Features for 5050-5066 Commerce Rd
General Information
Standard status
Active
Property subtype
Office
Additional Details
Space Use
Flex
Highway Access
Yes
Listing Agency:
Richmond - North
(804) 267-7221
Listed By:
Wood Thornton · License #0225183211
(804) 267-7221
Source:
Colliers
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 12:51PM
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 Richmond - North
Investment Insights
Based on property information with market context.
This flex-space property contains 7,058 square feet and has undergone renovation, providing a refreshed commercial setting for occupancy. The building is located at 5050-5066 Commerce Rd in Richmond, Virginia.
The property offers proximity to I-95 and the Port of Richmond, connecting the site with major regional transportation and port infrastructure.
The property offers proximity to I-95 and the Port of Richmond, connecting the site with major regional transportation and port infrastructure.
Key Highlights
- 7,058 square feet of flex space
- Renovated commercial property
- Near I‑95
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23234, VA
46,610
Population
18,167
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
19.1 sq mi
ZIP Area
2,440
Density / Sq Mi
$63,630
Median Household Income
$37,661
Median Earnings
$1,321
Median Rent
$237,300
Median Home Value
Market
Lease Benchmarks for Richmond, VA
$13.24 /SF/Yr
Avg Asking Price
$7.46–$15 /SF/Yr
Price Range
13,883 SF
Avg Space Size
This space is priced 9% below the average of $13.24 /SF/Yr.
Vacancy Rate% for Industrial in Richmond, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial space positioned near I-95 and the Port of Richmond.
Where is this flex space located?
The property is located at 5050-5066 Commerce Rd Richmond, VA.
What is the lease rate?
The lease rate is $7,058/Mo.
What are key features of this property?
This property features: 7,058 square feet of flex space; Renovated commercial property; Near I‑95
