Compared to the rest of the Virginia Beach market, the Oceanfront submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 45 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the Oceanfront are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,190 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1962 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Oceanfront folk. Commuting approximately an hour 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 Oceanfront.
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