Midlothian Submarket — Richmond

Midlothian submarket of Richmond: 10 tracked properties, 4,532,100 SF of inventory and 252,000 SF available.

10Listings
252,000 SFAvailable space
4,532,100 SFTotal inventory
$27.62/SFAvg asking rent
21,500 SFMedian suite
Century CourtMidlothian, VA · Industrial · Class B1,100,900 SF$9.71 – $11.82/SF/yr NNN
2461 E Byrd StMidlothian, VA · Industrial · Class A55,000 SF available$12.47 – $15.18/SF/yr NNN
Alamo LandingMidlothian, VA · Multi-Family · Class B7,200 SF availableRate on request
Colorado CourtMidlothian, VA · Industrial · Class A101,700 SF available$9.53 – $11.60/SF/yr NNN
Concord SquareMidlothian, VA · Retail · Class A9,200 SF available$48.74 – $59.33/SF/yr NNN
Legacy PointMidlothian, VA · Retail · Class A40,700 SF available$39.76 – $48.41/SF/yr NNN
Heritage SquareMidlothian, VA · Office · Class B7,300 SF available$23.58 – $28.71/SF/yr FS

10 commercial properties are tracked in the Midlothian submarket, representing 4,532,100 SF of rentable building area, of which 252,000 SF is currently marketed as available.

Asking rents average $27.62 per square foot per year, the median marketed suite is 21,500 SF, and listings have been on market a median of 485 days.

The stock splits 7 Class A, 3 Class B, with construction dates from 1911 to 2015 (median 1981).

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Frequently asked questions

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

Across the 10 commercial listings published in Midlothian, VA, asking rents average $27.62 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Midlothian, VA?

252,000 SF is currently marketed across 8 buildings, out of 4,532,100 SF of total inventory.

What is the commercial vacancy rate in the Richmond market?

The Richmond commercial market is running 13.3% vacancy with year-over-year asking rent growth of 1.3%.

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

Midlothian (10 properties).

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

Listed commercial assets in Midlothian, VA show an average asking cap rate of 7.60%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Midlothian, VA?

Harbor & Vale (2 listings), Trinity Commercial Group (2 listings), Frontier Commercial (1 listing), Bluebonnet Realty Advisors (1 listing), Concord Realty Services (1 listing). See the full Midlothian, VA broker directory.

How do I list a commercial property in Midlothian, 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.