18 E Grace St — Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Richmond, VA 23219

Description

Commercial property listing from JLL. Property: 18 E Grace St.

Market Context

This retail in Richmond, VA is listed for lease. It has been on the market for 167 days. Compare it against other retail listings for lease in Richmond, VA — view the full market.

As of Q1 2026, the Richmond retail market showed average asking rents near $23.93/SF/yr, and cap rates around 5.1%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Richmond?
About 5.1% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$4.18/SF/mo – $5.65/SF/mo

Mid: $4.91/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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