Virginia Lake Industrial

Virginia Lake

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,900
As of: March 11, 2017

Virginia Lake Rates

Most listings are in the $20's per square foot per year. The Virginia Lake region is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.

Virginia Lake Listing Supply

In the last 90 days, 12 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 42% of the available leases in the Virginia Lake are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,900 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1980 and are Class B.

Virginia Lake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of Virginia Lake work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Virginia Lake.
Market Report

Market Data

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