Richmond, VA Retail Space for Lease

Search 110 retail listings in Richmond, VA and find helpful local stats in the Market Overview section below.

10747 Midlothian Tpke

10747 Midlothian Tpke, Southport, Richmond, VA
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
Year Built

1988
For Lease Contact for pricing
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Bon Air Shopping Center

2600 Buford Road, Bon Air Center, Bon Air, VA
Property

Retail

57,171 SF
Availability

1 Space

4,883 SF
Year Built

1970
For Lease Contact for pricing
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4005 W Broad St

4005 W Broad St, Sauer's Gardens, Richmond, VA
Property

Retail

5,965 SF
Availability

1 Space

5,965 SF
Year Built

1950
For Lease Contact for pricing
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The Shops at the Arboretum

9111 Midlothian Turnpike, Scottingham, Richmond, VA
Property

Retail
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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Carytown Exchange

3533 Ellwood Avenue, Carytown, Richmond, VA
Property

Retail

114,312 SF
Availability

1 Space

1,435 SF
Year Built

1984
For Lease Contact for pricing
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1208-1212 East Cary Street

1208-1212 East Cary Street, Shockoe Slip, Richmond, VA
Property

Office

25,000 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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Chesterfield Towne Center

11500 Midlothian Turnpike, Heritage Commons - Country Place, Richmond, VA
Property

Retail

1,019,193 SF
Availability

1 Space

146,097 SF
Year Built

1976
For Lease Contact for pricing
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1642 W Broad St

1642 W Broad St, Newtowne West, Richmond, VA
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
Year Built

1990
For Lease Contact for pricing
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4 W. Cary Street

4 W Cary St, Monroe Ward, Richmond, VA
Property

Retail
Availability

1 Space

1,090 SF
For Lease Contact for pricing
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Willow Lawn Plaza

5001 West Broad Street, North Willow Lawn, Richmond, VA
Property

Retail

50,395 SF
Availability

2 Spaces

8,840 SF
Year Built

2008
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 $19.3 per square foot.

Retail Space Lease Types in Richmond, VA

The most common type of lease agreement you’ll find here is NNN, with 27 space(s) available under this type of arrangement. The local market is also home to 4 retail space(s) offered under a Full Service lease agreement type, and 4 Modified Gross listing(s).

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

NNN 27
Full Service 4
Modified Gross 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 105 listing(s) within that size range. You can also search 60 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 5 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 3,264 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 4 space(s) listed as Street Retail. The average size you can expect to find for this category is 2,040 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 VCU, 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

VCU

Heritage Commons - Country Place

Jefferson Gardens

Carytown

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

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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Richmond, VA Retail Space for Lease

10747 Midlothian Tpke

Bon Air Shopping Center

4005 W Broad St

The Shops at the Arboretum

Carytown Exchange

1208-1212 East Cary Street

Chesterfield Towne Center

1642 W Broad St

4 W. Cary Street

Willow Lawn Plaza

Retail Space Rents in Richmond, VA

Retail Space Lease Types in Richmond, VA

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

Average Size of Retail Space for Lease in Richmond, VA

Retail Space Types You Can Lease in Richmond, VA

Top Locations to Lease Retail Space in Richmond, VA

Top Locations to Lease Retail Space in Richmond, VA

Key Factors to Consider When Choosing a Retail Space for Lease

Other Popular Searches

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Recent Retail Market News

Publix Buys Richmond Shopping Center for $36M

CRC Enters Virginia With Richmond Retail Center Buy

Big V Sells Virginia Shopping Center

Richmond Retail Center Sells for $18M

GBT Realty Sells Richmond-Area Retail Asset

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