On average, listings lease in the $30's per square foot per year. The Charlottesville region is experiencing a an increase in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 33% increase in rent.
In the last 90 days, 96 listings have been listed, so you'll want to check back regularly for new listings. About 17% of the listings in the Charlottesville are subleases, so you might be able to find a shorter term or below market rent. 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 2,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1983 and are Class A.
Real time and historical data on commercial real estate listings in Charlottesville.
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