Richmond, VA Retail Space for Lease

Search 115 retail listings in Richmond, VA and find helpful local stats in the Market Overview section below.

The Ace

1201 N Arthur Ashe Blvd, Museums, Richmond, VA
Property

Retail

300,000 SF
Availability

1 Space

13,000 SF
Year Built

2024
For Lease Contact for pricing
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Chesterfield Marketplace Shopping Center

1205 - 1381 Carmia Way, Heritage Commons - Country Place, N. Chesterfield, VA
Property

Retail

119,391 SF
Availability

2 Spaces

6,020 SF
For Lease Contact for pricing
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11525 Midlothian Square

11525 Midlothian Square, Southport, Richmond, VA
Property

Retail

58,994 SF
Availability

8 Spaces

340,402 SF
Year Built

1987
For Lease Contact for pricing
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Retail property for lease at 903 E Laburnum Suite 101

903 E Laburnum Henrico, VA Suite 101, Highland Park, Richmond, VA
Property

Retail

2,300 SF
Availability

1 Space

2,300 SF
Year Built

1966
For Lease

$2,000.00/MO
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10401-10461 Midlothian Turnpike - Pocono Green

10401-10461 Midlothian Turnpike, Pocono - Sturbridge Village, Richmond, VA
Property

Retail

44,371 SF
Availability

6 Spaces

12,270 SF
Year Built

1986
For Lease

$22.00/SF/YR
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Retail & Restaurant in Carytown

3322 W Cary St, Carytown, Richmond, VA
Property

Retail

6,300 SF
Availability

2 Spaces

6,300 SF
For Lease Contact for pricing
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Stony Point Village

3000 Stony Point Rd, Huguenot, Richmond, VA
Property

Retail

114,347 SF
Availability

6 Spaces

20,359 SF
Year Built

1984
For Lease Contact for pricing
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Libbie Mill Midtown

Libbie Mill East Blvd, Brittons Hill, Richmond, VA
Property

Retail
Availability

1 Space

2,337 SF
For Lease Contact for pricing
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Belmont on Broad

4010 W. Broad Street, Sauer's Gardens, Richmond, VA
Property

Retail

8,000 SF
Availability

4 Spaces

4,092 SF
For Lease Contact for pricing
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4905-4995 Nine Mile Road, Richmond

4969 Nine Mile Rd, Hechler Village, Richmond, VA
Property

Retail
Availability

1 Space

44,000 SF
For Lease Contact for pricing
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2828 W Broad St - Soda Flats - Retail Spaces

2828 West Broad Street, Scott's Addition, Richmond, VA
Property

Retail

65,000 SF
Availability

2 Spaces

4,330 SF
Year Built

2022
For Lease

$32.00/SF/YR
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360 West Shopping Center

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

Retail

153,682 SF
Availability

3 Spaces

16,134 SF
For Lease Contact for pricing
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Stonebridge Shopping Center

7000 Tim Price Way, Providence Green, Richmond, VA
Property

Retail

44,320 SF
Availability

5 Spaces

9,988 SF
For Lease Contact for pricing
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Haynes Plaza

Hull Street Road at Chippenham Parkway, Elkhardt, Richmond, VA
Property

Retail

250,000 SF
Availability

6 Spaces

19,170 SF
For Lease Contact for pricing
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Mixed Use Retail/Residential Storefront

1705-1709 E Franklin St, Shockoe Bottom, Richmond, VA
Property

Retail

11,941 SF
Availability

1 Space

3,538 SF
For Lease

$23.00/SF/YR
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1300 MacTavish Avenue

1300 MacTavish Avenue, Scott's Addition, Richmond, VA
Property

Office

116,492 SF
Availability

3 Spaces

76,499 SF
Year Built

1940
For Lease Contact for pricing
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309 N. Monroe Street

309 N. Monroe Street, Jackson Ward, Richmond, VA
Property

Retail

1,710 SF
Availability

1 Space

1,710 SF
For Lease Contact for pricing
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Arch Village Shopping Center

9125-9219 Midlothian Turnpike, Scottingham, Richmond, VA
Property

Retail

55,489 SF
Availability

1 Space

28,926 SF
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

2 Spaces

6,440 SF
Year Built

2008
For Lease Contact for pricing
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Midlothian Crossing

8501 - 8535 Midlothian Turnpike, Whitestone, Richmond, VA
Property

Retail

87,938 SF
Availability

2 Spaces

46,600 SF
For Lease Contact for pricing
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Retail Space Rents in Richmond, VA

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Richmond asks $19.7 per square foot.

Retail Space Lease Types in Richmond, VA

The most common type of lease agreement you’ll find here is NNN, with 30 space(s) available under this type of arrangement. The local market is also home to 5 retail space(s) offered under a Modified Gross lease agreement type, and 4 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Richmond, VA

NNN 30
Modified Gross 5
Full Service 4

Average Size of Retail Space for Lease in Richmond, VA

The average size for this type of rental opportunity in Richmond is 1,000 sqft to 2,500 sqft. Currently, the local market offers 102 listing(s) within that size range. You can also search 67 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Richmond, VA

Retail space in Richmond comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 4 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,788 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 2 space(s) listed as Street Retail. The average size you can expect to find for this category is 2,473 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Richmond, VA

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Belt Center is your top choice for lease opportunities, as it is currently home to the highest number of listings — 21 retail space(s).

Richmond’s second most popular area is Jefferson Gardens, where you can find 13 retail listing(s).

Heritage Commons - Country Place is also among the best areas to search for your next commercial space. Here you can find 12 retail space(s) available for consideration by prospective tenants, of which 1 are Strip Retail.

Top Locations to Lease Retail Space in Richmond, VA

Belt Center

21

Jefferson Gardens

13

Heritage Commons - Country Place

12

VCU

12

Carytown

11

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Recent Retail Market News

Publix Buys Richmond Shopping Center for $36M

The retailer is also the property’s anchor tenant.

CRC Enters Virginia With Richmond Retail Center Buy

This property traded for $7 million less than five years ago.

Big V Sells Virginia Shopping Center

A Colliers team brokered the transaction.

Richmond Retail Center Sells for $18M

The new owner plans to upgrade the asset.

GBT Realty Sells Richmond-Area Retail Asset

The buyer purchased more than 50 percent of the shopping center.

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