Most listings are in the $30's per square foot per year. The Stony Point region is seeing a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 92% rise in rent.
Compared to the rest of the Richmond market, the Stony Point submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 55 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Stony Point are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this region were built in 2003 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Stony Point folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Stony Point.
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