Richmond, VA Office Space for Rent

Search 379 office listings in Richmond, VA and find helpful local stats in the Market Overview section below.

4901 Fitzhugh Avenue

4901 Fitzhugh Avenue, Monument Heights, Richmond, VA
Property

Office

27,005 SF
Availability

4 Spaces

15,328 SF
Year Built

1976
For Lease

$16.00/SF/YR
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Brookfield Place

6606 West Broad Street, Dickensdale, Richmond, VA
Property

Office

206,068 SF
Availability

2 Spaces

51,275 SF
Year Built

1978
For Lease Contact for pricing
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1801 & 1807 Libbie Avenue

1801 Libbie Avenue, Monumental Floral Gardens, Richmond, VA
Property

Office

33,232 SF
Availability

1 Space

2,052 SF
Year Built

1981
For Lease

$21.00/SF/YR
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Park Central V

8801 Park Central Drive, Crosspoint Fairway Homes, Richmond, VA
Property

Office

39,668 SF
Availability

1 Space

15,238 SF
Year Built

2001
For Lease

$10.00/SF/YR
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Sun Truist Center
Regus
919 E. Main Street Suite 1000, 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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The Book Bindery Building

2111 West Broad Street, The Fan, Richmond, VA
Property

Office

62,752 SF
Availability

1 Space

2,030 SF
Year Built

2000
For Lease Contact for pricing
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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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Glen Forest Office Park - 7202 Glen Forest Drive

7202 Glen Forest Drive, Glen Forest, Richmond, VA
Property

Office

39,611 SF
Availability

2 Spaces

8,644 SF
Year Built

1986
For Lease Contact for pricing
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Arboretum Office Park - Arboretum VI

9011 Arboretum Pkwy, Scottingham, Richmond, VA
Property

Office

73,183 SF
Availability

3 Spaces

19,700 SF
Year Built

1991
For Lease Contact for pricing
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The Parks at Stony Point - Stony Point III

8730 Stony Point Pkwy, Stony Point, Richmond, VA
Property

Office

106,710 SF
Availability

1 Space

1,860 SF
Year Built

2001
For Lease Contact for pricing
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VA Bio+Tech Park - Bio+Tech Eight

737 North 5th Street, Biotech and MCV District, Richmond, VA
Property

Office

270,000 SF
Availability

4 Spaces

73,847 SF
Year Built

2007
For Lease Contact for pricing
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Reynolds Crossing - 6641 West Broad Street

6641 West Broad Street, Crestview, Richmond, VA
Property

Office

200,000 SF
Availability

1 Space

750 SF
Year Built

2008
For Lease Contact for pricing
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The Boulder's Office Park - Boulders IV

7501 Boulder View Drive, Rock Creek Park, Richmond, VA
Property

Office

136,654 SF
Availability

11 Spaces

116,939 SF
Year Built

1989
For Lease Contact for pricing
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Highland I

7231 Forest Avenue, Glen Forest, Richmond, VA
Property

Office

49,388 SF
Availability

2 Spaces

2,533 SF
Year Built

1990
For Lease Contact for pricing
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Fountain Park

9321-9327 Midlothian Turnpike , Shenandoah Hills - Reams Run, Midlothian, VA
Property

Office

66,867 SF
Availability

7 Spaces

10,906 SF
For Lease Contact for pricing
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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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Corrugated Box Building

201 West 7th Street, Old Town Manchester, Richmond, VA
Property

Office

40,000 SF
Availability

4 Spaces

16,281 SF
Year Built

2005
For Lease

$21.00/SF/YR
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Arboretum Office Park - Arboretum I

9100 Arboretum Pkwy, Scottingham, Richmond, VA
Property

Office

58,446 SF
Availability

3 Spaces

18,250 SF
Year Built

1988
For Lease Contact for pricing
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3246 SF 804-Suite 302 Professional Office Space Available in Richmond, VA 23236

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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The Ironfronts Building

1011 East Main Street, Central Office, Richmond, VA
Property

Office

56,263 SF
Availability

5 Spaces

7,990 SF
Year Built

1975
For Lease Contact for pricing
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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 $34.01 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 75 $21.19 $24.5 $18.56 $24.5 14.00%

Innsbrook 67 $22.84 $23.29 $22.43 $23.29 15.38%

West End 57 $20.79 $20.79 16.00%

Richmond CBD 43 $17 10.73%

Near West End 34 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 43.69% of total office space listings in Richmond are in properties rated class A. Class B space makes up 40.67% 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 57.73% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 29.63% of the local market and adds up to a total of 2,320,481 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 2.05% 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

117

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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Richmond, VA in the news

Atlanta Tops List of Best Cities for Remote Workers

Other entries hailing from the South included Richmond, Va. (which had the second-best public Wi-Fi availability on top of great affordability and walkability) and Birmingham, Ala., which claimed the highest average internet speed in the top 10, while also being the second-most affordable city.

Atlanta, St. Louis & Tampa Top List of the Best 20 U.S. Cities for Hybrid Work

The remote and hybrid work trends of recent years seem to have been a boon for Richmond in some respects. During 2020 and 2021, Richmond reportedly saw an increase of 36% in the average number of northern Virginians moving in as compared to migration numbers recorded between 2012 and 2019.

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