South Richmond Business Center — Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Richmond, VA 23237
  • Size: 604,500 SF

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South Richmond Business Center — Lease in Richmond, VA, photo 1 of 1

Market Context

This industrial in Richmond, VA is listed for lease across 604,500 SF. Compare it against other industrial listings for lease in Richmond, VA — view the full market.

As of Q1 2026, the Richmond industrial market showed a 5.7% vacancy rate, and average asking rents near $8.21/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

Is the Richmond industrial market tightening or softening?
Vacancy is around 5.7% (Q1 2026).

Estimated Market Rate

$0.68/SF/mo – $0.92/SF/mo

Mid: $0.80/SF/mo

Estimated total for 604,500 SF: $483,600 per month

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

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