Richmond · Lease
20,000 SF Warehouse in Richmond.
Mid-format warehouse in the 15,000 to 30,000 SF range is one of the harder configurations to find in Richmond - small enough that institutional Class A doesn't typically fit, large enough that flex multi-tenant rarely accommodates. I pull against both divisible larger-format spaces and smaller stand-alone product.
Market Context
The current market.
Richmond mid-format warehouse inventory trades $17 to $24 PSF net, depending on building age, clear height, loading ratio, and submarket. Operating costs run $5 to $9 PSF. Modern Class B in the 20,000 SF range typically offers 24 to 28 ft clear heights, dock-high and grade loading, and moderate office buildout. Cold storage at this size is rare and commands meaningful premiums.
What You’ll Get
The shortlist.
Shortlist of 15,000 to 30,000 SF warehouse options matching your specs
Both stand-alone smaller buildings and divisible larger-format options
Submarket comparison across Richmond's industrial zones
Lease negotiation support and TI strategy
No cost to tenants - tenant rep fees are landlord-paid
Why Use a Broker
No cost to tenants.
Tenant rep fees are landlord-paid. NAI Commercial Vancouver's relationships with Richmond landlords surface mid-format options that don't always hit public listings, including divisible larger-format spaces and stand-alone smaller buildings.
Send Requirement
Tell me what you need.
Send size, use, loading, parking, power, and timing. I’ll search the full market and return a shortlist of viable mid-format warehouse options within the business day.
FAQ
Common questions.
What does a 20,000 SF warehouse cost to lease in Richmond?
Asking net rents for 20,000 SF warehouse in Richmond trade $17 to $24 PSF depending on building age, specs, and submarket. Operating costs add $5 to $9 PSF. Total occupancy cost for a 20,000 SF unit typically runs $440,000 to $660,000 annually before TI amortization.
How available is 20,000 SF warehouse space in Richmond?
Mid-format inventory in the 15,000 to 30,000 SF range is one of the harder configurations to find in Richmond, falling between institutional large-format and multi-tenant flex. Options include divisible larger spaces, stand-alone smaller buildings, and sub-lease opportunities. Lead time to occupancy runs 90 to 180 days for pre-fitted space.
What building specifications should I expect on a 20,000 SF warehouse?
Modern Class B in the 20,000 SF range typically offers 24 to 28 ft clear heights, 1 to 3 dock-high doors plus grade access, 400 to 800A power, 10 to 20 percent office finish, and standard ESFR or wet sprinkler. Operators with specific power, dock, or clear-height requirements should specify upfront.
Can I get cold storage at 20,000 SF in Richmond?
Cold storage at 20,000 SF in Richmond is rare and trades at meaningful premiums to standard warehouse. Purpose-built temperature-controlled space at this size frequently goes pre-leased. The pathway usually involves build-out on shell industrial space (with significant tenant capex) or build-to-suit through landlord relationships.