Grenoble Commerce Center — Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Richmond, VA 23294

Description

Small Warehouse Storage at I-64 and Glenside Drive

Market Context

This industrial in Richmond, VA is listed for lease. It has been on the market for 195 days. Compare it against other industrial listings for lease in Richmond, VA — view the full market.

As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Richmond?
About 5.5% as of Q4 2025, per multiple brokerage reports.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

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