Scott's Addition Submarket — Richmond

Scott's Addition submarket of Richmond: 11 tracked properties, 3,629,300 SF of inventory and 173,400 SF available.

11Listings
173,400 SFAvailable space
3,629,300 SFTotal inventory
$24.23/SFAvg asking rent
18,900 SFMedian suite
Brazos PavilionRichmond, VA · Flex · Class A3,200 SF available$16.80 – $20.45/SF/yr NNN
1126 W Main StRichmond, VA · Medical · Class B3,900 SF available$27.41 – $33.37/SF/yr FS
Guadalupe PointRichmond, VA · Multi-Family · Class B18,900 SF availableRate on request
432 Bremo RdRichmond, VA · Office · Class B94,700 SF$22.42 – $27.29/SF/yr FS
Midtown BuildingRichmond, VA · Office · Class B29,500 SF available$26.65 – $32.44/SF/yr FS
Cornerstone CourtRichmond, VA · Multi-Family · Class B11,800 SF availableRate on request
2839 Bremo RdRichmond, VA · Industrial · Class B32,300 SF available$9.14 – $11.12/SF/yr NNN
Legacy CenterRichmond, VA · Multi-Family · Class C21,800 SF availableRate on request

11 commercial properties are tracked in the Scott's Addition submarket, representing 3,629,300 SF of rentable building area, of which 173,400 SF is currently marketed as available.

Asking rents average $24.23 per square foot per year, the median marketed suite is 18,900 SF, and listings have been on market a median of 552 days.

The stock splits 2 Class A, 7 Class B, 2 Class C, with construction dates from 1939 to 2019 (median 1984).

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Frequently asked questions

What is the average asking rent for commercial space in Scott's Addition, VA?

Across the 11 commercial listings published in Scott's Addition, VA, asking rents average $24.23 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Scott's Addition, VA?

173,400 SF is currently marketed across 9 buildings, out of 3,629,300 SF of total inventory.

What is the commercial vacancy rate in the Richmond market?

The Richmond commercial market is running 6.0% vacancy with year-over-year asking rent growth of -0.7%.

Which submarkets have the most commercial space in Scott's Addition, VA?

Scott's Addition (11 properties).

Which brokerages are most active in Scott's Addition, VA?

Bluebonnet Realty Advisors (3 listings), Trinity Commercial Group (2 listings), Republic Partners (2 listings), Harbor & Vale (1 listing), Sterling Crest Advisors (1 listing). See the full Scott's Addition, VA broker directory.

How do I list a commercial property in Scott's Addition, VA?

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