Richmond, VA Office Space for Rent

Search 412 office listings in Richmond, VA and find helpful local stats in the Market Overview section below.

The Boulder's Office Park - Boulders II

7400 Beaufont Springs Drive, Rock Creek Park, Richmond, VA
Property

Office

76,981 SF
Availability

8 Spaces

25,731 SF
Year Built

1986
For Lease Contact for pricing
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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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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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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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3005 SF Suite 203

804-808-812 Moorefield Dr., Pocono - Sturbridge Village, Richmond, VA
Property

Office

3,005 SF
Availability Contact for availability

For Lease Contact for pricing
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Gateway Plaza

800 East Canal Street, Central Office, Richmond, VA
Property

Office

323,800 SF
Availability

2 Spaces

6,123 SF
Year Built

2015
For Lease Contact for pricing
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Venture X Richmond - Scotts Addition
Venture X
1806 Summit Avenue Suite 300, Richmond, VA
Services

Open Workspace

Event Space

Meeting Room
Amenities

TV/Monitor
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Arboretum Office Park - Arboretum V

9210 Arboretum Pkwy, Scottingham, Richmond, VA
Property

Office

48,012 SF
Availability

3 Spaces

22,312 SF
Year Built

1988
For Lease Contact for pricing
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Libbie Medical Center

5700 Old Richmond Avenue, Monumental Floral Gardens, Richmond, VA
Property

Office

35,527 SF
Availability

2 Spaces

2,492 SF
Year Built

1966
For Lease

$20.00/SF/YR
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Richmond Times-Dispatch Building

300 East Franklin Street, Richmond City Center, Richmond, VA
Property

Office

137,248 SF
Availability

2 Spaces

44,417 SF
Year Built

1999
For Lease Contact for pricing
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The Book Bindery Building

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

Office

62,752 SF
Availability

1 Space

3,053 SF
Year Built

2000
For Lease Contact for pricing
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11 S 12th Level Office LLC
Expansive
11 South 12th Street, Richmond, VA
Services

Meeting Room
Amenities

Vending machine
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302 Turner Road

302 Turner Road, Providence Green, Richmond, VA
Property

Office

67,851 SF
Availability

4 Spaces

4 SF
Year Built

1974
For Lease

$1,000.00 - $1,250.00/SF/YR
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The Boulder's Office Park - Boulders VI

7401 Beaufont Springs Drive, Rock Creek Park, Richmond, VA
Property

Office

82,732 SF
Availability

2 Spaces

17,096 SF
Year Built

1996
For Lease Contact for pricing
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3195 SF

804-808-812 Moorefield Dr., Pocono - Sturbridge Village, Richmond, VA
Property

Office

3,195 SF
Availability Contact for availability

For Lease Contact for pricing
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Arboretum Office Park - Arboretum III

300 Arboretum Place, Scottingham, Richmond, VA
Property

Office

212,228 SF
Availability

1 Space

4,126 SF
Year Built

1988
For Lease Contact for pricing
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360 West Shopping Center

7206 Hull Street Road, Forestdale - Pocoshock Hills, Richmond, VA
Property

Retail

153,682 SF
Availability

4 Spaces

18,884 SF
For Lease Contact for pricing
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The Boulder's Office Park - Boulders I

1001 Boulders Pkwy, Rock Creek Park, Richmond, VA
Property

Office

78,995 SF
Availability

8 Spaces

69,423 SF
Year Built

1985
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

2 Spaces

5,698 SF
Year Built

1981
For Lease

$21.00/SF/YR
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1234 SF 808-Suite 118 Professional and Medical Office Space

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

Office

1,234 SF
Availability Contact for availability
Year Built

1987
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.

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.

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 92 $21.19 $24.5 $18.56 $24.5 14.00%

Innsbrook 69 $22.84 $23.29 $22.43 $23.29 15.38%

West End 57 $20.79 $20.79 16.00%

Richmond CBD 47 $17 10.73%

Near West End 30 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 48.54% of total office space listings in Richmond are in properties rated class A. Class B space makes up 47.71% of total space available in Richmond. Class C space listed for rent locally accounts for 3.75% 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 68.57% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 31.43% of the local market and adds up to a total of 2,348,495 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 0.96% 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

33

1950 - 1975

116

1975 - 2000

64

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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Recent Office Market News

SL Nusbaum Inks New Lease at Hampton Roads Office Tower

An accounting and consulting company will occupy the 19th floor at Wells Fargo Center.

Law Firm Extends Lease at Richmond Office Tower

Williams Mullen has been the anchor tenant of the 15-story building since its 2010 completion.

Franklin Street Inks 100 KSF Richmond-Area Office Lease

A state agency has made a 10-year commitment to the space.

Commonwealth Commercial to Manage Leasing for Richmond Office Portfolio

Situated in Henrico and Glen Allen, the property collection totals more than 700,000 square feet.

Genworth Subleases 175 KSF in Greater Richmond

Rather than building a new headquarters, the firm will use Truist Bank’s space in Henrico County.

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