Office for Sale in Glen Allen, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Glen Allen, VA 23060

Description

Now available for lease, office located at 3960-3990 Stillman Pkwy Glen Allen, Virginia 23060. Available square footage: 2,817 SF.

Market Context

This office in Glen Allen, VA is listed for sale. It has been on the market for 92 days. Compare it against other office listings for sale in Glen Allen, VA — <a href="/search/sale/office/virginia/glen-allen">view the full market</a>.

As of Q1 2025, the Richmond office market showed a 31.4% vacancy rate, average asking rents near $33.43/SF/yr, rents up 1.4% year over year, and cap rates around 9.5%. Source: Consensus Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Richmond?
About 9.5% as of Q1 2025, per Consensus.
Is the Richmond office market tightening or softening?
Vacancy is around 31.4%, with asking rents rising year over year (Q1 2025).

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