5320 Patterson Ave — Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Richmond, VA 23226

Photos

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5320 Patterson Ave — Lease in Richmond, VA, photo 2 of 4
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Description

A 1,416 SF space is now available for sublease at Westhampton Medical Center, located on Patterson Avenue in Richmond, Virginia. Suitable use for office, medical, legal, insurance, professional services, or spas. This high-quality space offers a lease term through November 30, 2032. The property is in an affluent, densely populated area—serving 50,444 residents within 3 miles, with an average household income of $130,469. Convenient access to major roads including Monument Ave and Libbie Ave. Located in a highly walkable area with a wide variety of nearby amenities.

Market Context

This office in Richmond, VA is listed for lease. Compare it against other office listings for lease in Richmond, VA — view the full market.

As of Q1 2026, the Richmond office market showed an 11.4% vacancy rate, and average asking rents near $22.68/SF/yr. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

Is the Richmond office market tightening or softening?
Vacancy is around 11.4% (Q1 2026).

Estimated Market Rate

$4.27/SF/mo – $5.77/SF/mo

Mid: $5.02/SF/mo

Based on comparable properties in similar markets rather than local sales.

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