Richmond, VA Office Space for Rent

Search 405 office listings in Richmond, VA and find helpful local stats in the Market Overview section below.

Venture X Richmond - Scotts Addition
Venture X
1806 Summit Avenue Suite 300, Richmond, VA
Services

Open Workspace
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4915 Radford Ave

4915 Radford Ave, Monument Heights, Richmond, VA
Property

Office

21,918 SF
Availability Contact for availability
Year Built

1971
For Lease Contact for pricing
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770 SF 808-Suite 105 Professional Office Space

808 Moorefield Park Drive, Pocono - Sturbridge Village, Richmond, VA
Property

Office

770 SF
Availability Contact for availability
Year Built

1987
For Lease Contact for pricing
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2053 W Broad St

2053 W Broad St, The Fan, Richmond, VA
Property

Office

1,700 SF
Availability Contact for availability
Year Built

1920
For Lease Contact for pricing
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Patriot Tower at Gateway

101 Gateway Centre Pkwy, Rock Creek Park, Richmond, VA
Property

Office

121,113 SF
Availability

9 Spaces

124,982 SF
Year Built

1989
For Lease

$23.00/SF/YR
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10501 Trade Court

10501 Trade Court, Southport, North Chesterfield, VA
Property

Office

31,826 SF
Availability

3 Spaces

13,505 SF
Year Built

1997
For Lease

$19.25/SF/YR
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Premier Office Park

312 Turner Road, Providence Green, Richmond, VA
Property

Office

67,851 SF
Availability

1 Space

542 SF
Year Built

1974
For Lease

$775.00/MO
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The Boulder's Office Park - Boulders V

1025 Boulders Pkwy, Rock Creek Park, Richmond, VA
Property

Office

93,143 SF
Availability

5 Spaces

29,262 SF
Year Built

1994
For Lease Contact for pricing
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3246 SF 804-Suite 302 Professional Office Space

804 Moorefield Park DrRichmond, Pocono - Sturbridge Village, Richmond, VA
Property

Office

3,246 SF
Availability Contact for availability

For Lease Contact for pricing
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2015 Roane St

2015 Roane St, Chamberlayne Industrial Center, Richmond, VA
Property

Office

1,250 SF
Availability

1 Space

73,616 SF
Year Built

1900
For Lease Contact for pricing
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Chesterman Place

100 West Franklin Street, Monroe Ward, Richmond, VA
Property

Office

36,988 SF
Availability

2 Spaces

5,158 SF
For Lease

$16.50 - $18.50/SF/YR
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700 E Franklin St

700 E Franklin St, Capitol District, Richmond, VA
Property

Office

94,170 SF
Availability

1 Space

15,488 SF
Year Built

1951
For Lease

$21.00 - $25.00/SF/YR
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6603 W Broad Street

6603 W Broad Street, Crestview, Richmond, VA
Property

Office
Availability

1 Space

76,281 SF
Year Built

1969
For Lease Contact for pricing
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Retreat Doctors' Hospital - Medical Office Building

110 North Robinson Street, The Fan, Richmond, VA
Property

Office

35,514 SF
Availability

2 Spaces

2,508 SF
Year Built

1980
For Lease Contact for pricing
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The Boulder's Office Park - Boulders VIII

7300 Beaufont Springs Drive, Rock Creek Park, Richmond, VA
Property

Office

120,665 SF
Availability

1 Space

23,254 SF
Year Built

2000
For Lease Contact for pricing
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2712 Chamberlayne Ave

2712 Chamberlayne Ave, Virginia Union, Richmond, VA
Property

Office

4,424 SF
Availability

1 Space

4,424 SF
Year Built

1968
For Lease Contact for pricing
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11 South 10th Street

11 South 10th Street, Central Office, Richmond, VA
Property

Office

28,000 SF
Availability

1 Space

28,000 SF
Year Built

1967
For Lease Contact for pricing
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Stony Point Medical Office Building

8700 Stony Point Pkwy, Stony Point, Richmond, VA
Property

Office

81,000 SF
Availability

3 Spaces

10,415 SF
Year Built

2002
For Lease

$24.00/SF/YR
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3195 SF 804-Suite 100 Professional Office Space

804 Moorefield Park DrRichmond, Pocono - Sturbridge Village, Richmond, VA
Property

Office

3,195 SF
Availability Contact for availability

For Lease Contact for pricing
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Boulders Business Park
HQ
7400 Beaufont Springs Drive Suite 300, Richmond, VA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Office Space Rents in Richmond, VA

Asking prices for office space in Richmond vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.

Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C. For example, Richmond space rated Class A averages $27.64 per square foot. Meanwhile, Class B space in Richmond asks $22.90 per square foot, on average. At the same time, listings in Class C buildings are listed for an average of $17.00 per square foot.

Overall, the average rent for office space in Richmond is $23.34 per square foot. The maximum rental rate among listings for lease in Richmond is $72 per square foot. Meanwhile, the minimum rental rate in Richmond is $10 per square foot.

Average Office Rents by Property Class in Richmond vs Virginia

Richmond Class A & A+ Office Space

$27.64

Virginia Class A & A+ Office Space

$36.28

Richmond Class B Office Space

$22.9

Virginia Class B Office Space

$26.18

Richmond Class C Office Space

$17

Virginia Class C Office Space

$32.04

Top Locations to Rent Office Space in Richmond, VA

There is no one-size-fits-all answer as to what the best office space for rent location is in Richmond. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.

However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors. In Richmond, the greatest concentration of office for rent opportunities is in Midlothian Corridor.

For your consideration, the average rent for office space in Midlothian Corridor is $21.19 per square foot, but you should expect some price variation across the market, depending on factors like location and property class. For example, the asking rents in Midlothian Corridor average $24.5 for class A space, but is $18.56, on average, for class B listings, and $24.5 for class C.

Best Areas to Rent Office Space in Richmond

Submarket No. of Listings Avg. Asking Rent Class A&A+ Rent Class B Rent Class C Rent Vacancy Rate

Midlothian Corridor 83 $21.19 $24.5 $18.56 $24.5 14.00%

Innsbrook 68 $22.84 $23.29 $22.43 $23.29 15.38%

West End 55 $20.79 $20.79 16.00%

Richmond CBD 43 $17 10.73%

Near West End 31 11.87%

Key Factors to Consider when Choosing an Office Space for Rent in Richmond, VA

The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.

Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.

A local breakdown by property class shows that about 43.67% of total office space listings in Richmond are in properties rated class A. Class B space makes up 40.7% of total space available in Richmond. Class C space listed for rent locally accounts for 3.08% of total opportunities on the local leasing market.

If considering quality space by property age, the Richmond market is also a mixed bag in this respect. About 57.84% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 29.62% of the local market and adds up to a total of 2,319,309 square feet.

However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 2.49% of all office properties here are buildings that have been renovated at least once since 2000.

Richmond, VA Office Space for Lease by Building Class

Class A
Class B
Class C

Richmond, VA Office Property By Year Built

3

Before 1900

6

1900 - 1925

9

1925 - 1950

35

1950 - 1975

118

1975 - 2000

69

After 2000

Modern quality standards also take into account the property’s sustainability minded design, which is largely standardized by certification processes such as the LEED program. In Richmond, you can find 4 listings for rent that are in LEED-certified or LEED-proposed properties. So-called “green” office space includes several types of certification and accounts for about 7% of the Richmond market. The local market is home to 2 LEED-certified office building(s). Certification can range from basic LEED requirements to Platinum, which is the highest achievable level of certification awarded by the U.S. Green Building Council.

Number of Buildings by Leed certification in Richmond, VA

2

TOTAL

1

Gold

1

LEED

Size by Leed certification in Richmond, VA

TOTAL

563,704

Gold

323,800

LEED

239,904

Finding Office Space for Rent in Richmond, VA Near You

If you have a certain point of interest in mind for renting an office in Richmond, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.

Data was provided by CommercialEdge and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.

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