Mechanicsville Submarket — Richmond

Mechanicsville submarket of Richmond: 7 tracked properties, 1,886,200 SF of inventory and 320,700 SF available.

7Listings
320,700 SFAvailable space
1,886,200 SFTotal inventory
$24.50/SFAvg asking rent
11,600 SFMedian suite
Midtown ParkMechanicsville, VA · Office · Class A3,900 SF available$27.98 – $34.07/SF/yr FS
2795 E Cary StMechanicsville, VA · Office · Class B26,200 SF available$22.73 – $27.67/SF/yr FS
3498 S 12th StMechanicsville, VA · Office · Class A11,600 SF available$24.52 – $29.85/SF/yr FS
3592 W Broad StMechanicsville, VA · Office · Class C10,700 SF available$20.40 – $24.84/SF/yr FS
Guadalupe PointMechanicsville, VA · Office · Class B80,100 SF available$25.88 – $31.51/SF/yr FS
3713 Hull StMechanicsville, VA · Industrial · Class A183,300 SF available$11.10 – $13.51/SF/yr NNN

7 commercial properties are tracked in the Mechanicsville submarket, representing 1,886,200 SF of rentable building area, of which 320,700 SF is currently marketed as available.

Asking rents average $24.50 per square foot per year, the median marketed suite is 11,600 SF, and listings have been on market a median of 451 days.

The stock splits 4 Class A, 2 Class B, 1 Class C, with construction dates from 1911 to 2018 (median 1973).

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Frequently asked questions

What is the average asking rent for commercial space in Mechanicsville, VA?

Across the 7 commercial listings published in Mechanicsville, VA, asking rents average $24.50 per square foot per year, quoted on a FS basis.

How much commercial space is available in Mechanicsville, VA?

320,700 SF is currently marketed across 7 buildings, out of 1,886,200 SF of total inventory.

What is the commercial vacancy rate in the Richmond market?

The Richmond commercial market is running 29.1% vacancy with year-over-year asking rent growth of 3.1%.

Which submarkets have the most commercial space in Mechanicsville, VA?

Mechanicsville (7 properties).

What cap rates are commercial assets trading at in Mechanicsville, VA?

Listed commercial assets in Mechanicsville, VA show an average asking cap rate of 8.34%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Mechanicsville, VA?

Summit Advisory Group (2 listings), Northgate Commercial (2 listings), Frontier Commercial (1 listing), Concord Realty Services (1 listing), Capitol Commercial (1 listing). See the full Mechanicsville, VA broker directory.

How do I list a commercial property in Mechanicsville, VA?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.