Richmond, VA Retail Properties & Spaces for Lease
Richmond, VA Retail properties & Spaces Lease Rates & Market Statistics
Explore 112 Retail properties & Spaces for lease in Richmond, VA on Realmo, a commercial real estate exchange covering the Richmond area. The current inventory totals 979,896 square feet of properties — an average of ~8,750 SF per listing.
Asking lease rates for Retail properties & Spaces in Richmond start at $1.21 SF/Yr, average $19.15 SF/Yr, and reach $50 SF/Yr at the top of the market. The local average of $19.15 SF/Yr is 12% below the Virginia state average of $21.80 SF/Yr.
Richmond accounts for 90% of the 125 retail properties & spaces currently available across Richmond City County, where nearby markets include Henrico and North Chesterfield. By space type, the market includes 26 shopping centers, 22 storefront properties and 5 grocery and convenience stores — grocery and convenience stores typically offer the lowest entry point, while storefront properties command the highest rates.
