Virginia Lake Industrial

Virginia Lake

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,920
As of: December 8, 2016

Virginia Lake Rates

The typical asking rate per listing is in the $10's per square foot per year. The Virginia Lake region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 22% decrease in rent.

Virginia Lake Listing Supply

In the last 90 days, 14 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 7% of the office spaces in the Virginia Lake 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,260 sqft. Most properties in this area are close to 2 stories. Most buildings in this region 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 occupants 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