Industrial Property for 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 149 days. Compare it against other industrial listings for lease in Richmond, VA — <a href="/search/lease/industrial/virginia/richmond">view the full market</a>.

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: Consensus Q4 2025 market report.

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 Consensus.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

Unified Estimate

Very Low Confidence

$4.16/SF/mo – $5.62/SF/mo

Mid: $4.89/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market las-vegas (similarity: 100%) with 16 comparable listings.

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