Newport News Industrial

Newport News

Market Report

Number of Listings
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,040

Newport News Rates

Most listings are in the $20's per square foot per year. The Newport News submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 12% increase in rent.

Newport News Listing Supply

In the last 90 days, 492 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Newport News are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1988 and are Class B.

Newport News Community

Market Data

Real time and historical data on commercial real estate listings in Newport News.
Research