600 Canal — Sale in Richmond, VA

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

Description

Street-Level Retail Space Available 600 Canal Place consists of a 20-story, 908,500 SF Class A office building with street level retail. The retail space has built in clientele with 1,200 on-site employees and over 11,200 daytime employees within walking distance. • 1,776 SF retail space available fronting Cary Street • Street-level retail exposure • Over 1,700 public parking spaces within four city blocks • Interior access for Dominion Energy employees • Growing residential population in surrounding area • Annual city events include the Grand Illumination, Richmond Folk Festival (230,000 attendees) and Anthem Richmond Marathon (16,000 entries)

Market Context

This retail in Richmond, VA is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale 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.

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