Bayside Retail

5393 Wesleyan Dr - Unit 104 Bayside, Virginia Beach, VA  
Jun 26
34,410
sqft
Industrial Office Retail

Bayside

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,830

Bayside Rates

Most listings are in the $10's per square foot per year. The Bayside region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decline in rent.

Compared to the rest of the Virginia Beach market, the Bayside submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Bayside Listing Supply

In the last 90 days, 273 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Bayside 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.

Even though the median size is 3,830 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1984 and are Class B.

Bayside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Bayside occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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