Richmond, VA Retail Space
The average cost to rent retail space in Richmond comes to $18.76 per square foot based on our latest listing data. The lowest cost you'll find stands at $1.15, while rents can cost up to $35 for premium properties.
There are currently 152 retail properties listed for lease in Richmond, totaling 1,646,712 square feet.
The average size of a retail property listed for lease here is 6,757 square feet. Listed properties range from 189 to 283,140 square feet.
The largest number of retail spaces in Richmond are sized 1,000 to 2,500 square feet, with 89 retail listings of this size. These properties cost $21 per square foot on average, based on our live listings.
Richmond is also home to 74 listings that are 2,500 to 5,000 square feet, asking an average rent of $42.
The most common retail lease type in Richmond is NNN, with 37 spaces available for rent under such an agreement.
You can also find 3 Full Service lease options and 1 Modified Gross listing.
The largest share of the Richmond retail market is held by the Restaurant category, with 11 listings. Restaurant spaces average 5,192 square feet.
There are also 6 Street Retail spaces, which have an average square footage of 1,903 square feet.
The third most common type of retail space is Strip Retail at 4 listings, spanning 4,073 square feet on average.
5,192 Sq. Ft.
Restaurant
1,903 Sq. Ft.
Street Retail
4,073 Sq. Ft.
Strip Retail
Belt Center has the highest count of retail spaces out of all Richmond neighborhoods, being currently home to 30 listings.
Jefferson Gardens has the second-highest number of retail listings at 15.
Dickensdale is next with 11 retail listings.