Shockoe Slip Submarket — Richmond
Shockoe Slip submarket of Richmond: 10 tracked properties, 2,536,200 SF of inventory and 902,100 SF available.
10 commercial properties are tracked in the Shockoe Slip submarket, representing 2,536,200 SF of rentable building area, of which 902,100 SF is currently marketed as available.
Asking rents average $27.34 per square foot per year, the median marketed suite is 27,200 SF, and listings have been on market a median of 425 days.
The stock splits 4 Class A, 5 Class B, 1 Class C, with construction dates from 1906 to 2017 (median 1963).
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Frequently asked questions
What is the average asking rent for commercial space in Shockoe Slip, VA?
Across the 10 commercial listings published in Shockoe Slip, VA, asking rents average $27.34 per square foot per year, quoted on a NNN basis.
How much commercial space is available in Shockoe Slip, VA?
902,100 SF is currently marketed across 8 buildings, out of 2,536,200 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 Shockoe Slip, VA?
Shockoe Slip (10 properties).
What cap rates are commercial assets trading at in Shockoe Slip, VA?
Listed commercial assets in Shockoe Slip, VA show an average asking cap rate of 5.42%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Shockoe Slip, VA?
Capitol Commercial (3 listings), Concord Realty Services (1 listing), Granite Peak Realty (1 listing), Northgate Commercial (1 listing), Republic Partners (1 listing). See the full Shockoe Slip, VA broker directory.
How do I list a commercial property in Shockoe Slip, 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.