On average, listings lease in the $20's per square foot per year. The Stratford Hills - Stony Point submarket is going through a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 83% increase in rent.
Compared to the rest of the Richmond market, the Stratford Hills - Stony Point submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 76 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the available leases in the Stratford Hills - Stony Point are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,220 sqft. Most buildings in this area are close to 4 stories. Most buildings in this region were built in 1986 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Stratford Hills - Stony Point residents. Commuting under 5 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 Stratford Hills - Stony Point.
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