Short Pump Submarket — Richmond

Short Pump submarket of Richmond: 7 tracked properties, 2,299,000 SF of inventory and 841,500 SF available.

7Listings
841,500 SFAvailable space
2,299,000 SFTotal inventory
$26.67/SFAvg asking rent
32,500 SFMedian suite
2908 W Broad StRichmond, VA · Office · Class A32,500 SF available$26.27 – $31.99/SF/yr FS
2176 W Broad StRichmond, VA · Multi-Family · Class A22,100 SF availableRate on request
253 N BoulevardRichmond, VA · Office · Class A732,400 SF available$31.80 – $38.71/SF/yr FS
234 Hull StRichmond, VA · Office · Class B19,100 SF available$23.24 – $28.29/SF/yr FS

7 commercial properties are tracked in the Short Pump submarket, representing 2,299,000 SF of rentable building area, of which 841,500 SF is currently marketed as available.

Asking rents average $26.67 per square foot per year, the median marketed suite is 32,500 SF, and listings have been on market a median of 551 days.

The stock splits 3 Class A, 1 Class B, 3 Class C, with construction dates from 1955 to 2023 (median 1971).

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Frequently asked questions

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

Across the 7 commercial listings published in Short Pump, VA, asking rents average $26.67 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Short Pump, VA?

841,500 SF is currently marketed across 5 buildings, out of 2,299,000 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 Short Pump, VA?

Short Pump (7 properties).

Which brokerages are most active in Short Pump, VA?

Capitol Commercial (2 listings), Pinnacle CRE (1 listing), Sterling Crest Advisors (1 listing), Atlas Property Group (1 listing). See the full Short Pump, VA broker directory.

How do I list a commercial property in Short Pump, VA?

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