Seven Hills Distribution Center — Lease in Richmond, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Richmond, VA 23231

Description

Industrial | For Lease: 148,720 - 820,800 SF Four Building, 820,800 SF Industrial Park| Speculative & Build-to-Suit Options Available Key Facts Wood Thornton Senior Vice President, Principal Richmond - North License #: 0225183211 +1 804 267 7221 Call Now +1 804 267 7221 License #: 0225183211 Rob Dirom Senior Vice President Richmond - North License #: 0225047032 +1 804 267 7207 Call Now +1 804 267 7207

Market Context

This industrial in Richmond, VA is listed for lease. It has been on the market for 176 days. Compare it against other industrial listings for lease in Richmond, VA — view the full market.

As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Richmond?
About 5.5% as of Q4 2025, per multiple brokerage reports.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

Estimated Market Rate

$0.73/SF/mo – $0.98/SF/mo

Mid: $0.85/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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