251 Jefferson Davis Hwy$39.42 – $47.99/SF/yr NNN
11 Virginia Retail Spaces for Lease
11 retail listings for lease in Virginia. Average asking rent $41.83/SF/yr, 321,800 SF available.
11Listings
321,800 SFAvailable space
1,073,400 SFTotal inventory
$41.83/SFAvg asking rent
9,200 SFMedian suite
Century Gateway$34.98 – $42.58/SF/yr NNN
3136 Georgia Ave$34.08 – $41.49/SF/yr NNN
3448 Midlothian Tpke$29.17 – $35.52/SF/yr NNN
3469 First St NE$38.56 – $46.94/SF/yr NNN
2233 Midlothian Tpke$39.19 – $47.71/SF/yr NNN
Liberty Point$35.10 – $42.73/SF/yr NNN
Bluebonnet Tower$38.87 – $47.32/SF/yr NNN
3184 Pennsylvania Ave NW$37.16 – $45.24/SF/yr NNN
Concord Square$48.74 – $59.33/SF/yr NNN
Legacy Point$39.76 – $48.41/SF/yr NNN
About the Virginia retail market
11 retail properties are tracked in Virginia, representing 1,073,400 SF of rentable building area, of which 321,800 SF is currently marketed as available.
Asking rents average $41.83 per square foot per year, the median marketed suite is 9,200 SF, and listings have been on market a median of 282 days.
The stock splits 5 Class A, 4 Class B, 2 Class C, with construction dates from 1915 to 2017 (median 1974).
The most concentrated submarkets are Shockoe Slip (3), Midlothian (2), Southside (1), Innsbrook (1), Tysons Corner (1).
Retail by city in Virginia
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
What is the average asking rent for retail space in Virginia, VA?
Across the 11 retail listings published in Virginia, VA, asking rents average $41.83 per square foot per year, quoted on a NNN basis.
How much retail space is available in Virginia, VA?
321,800 SF is currently marketed across 11 buildings, out of 1,073,400 SF of total inventory.
What is the retail vacancy rate in the Washington DC market?
The Washington DC retail market is running 27.0% vacancy with year-over-year asking rent growth of 2.9%.
Which submarkets have the most retail space in Virginia, VA?
Shockoe Slip (3 properties), Midlothian (2 properties), Tysons Corner (1 property), Rosslyn-Ballston (1 property), Alexandria (1 property).
What are the most active ZIP codes for retail property in Virginia, VA?
23219 (4), 23113 (2), 22102 (1), 22201 (1), 22314 (1), 23060 (1).
What cap rates are retail assets trading at in Virginia, VA?
Listed retail assets in Virginia, VA show an average asking cap rate of 5.75%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Virginia, VA?
Northgate Commercial (2 listings), Harbor & Vale (2 listings), Sterling Crest Advisors (1 listing), Republic Partners (1 listing), Trinity Commercial Group (1 listing). See the full Virginia, VA broker directory.
How do I list a retail property in Virginia, 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.