Most listings are in the $20's per square foot per year. The Newport News submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 12% increase in rent.
In the last 90 days, 492 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Newport News 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.
The standard measurement for office space in this area is around 2,040 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1988 and are Class B.
Real time and historical data on commercial real estate listings in Newport News.
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