Chesapeake Industrial

Chesapeake

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,840
As of: February 26, 2017

Chesapeake Rates

On average, listings lease in the $10's per square foot per year. The Chesapeake submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Chesapeake Listing Supply

In the last 90 days, 54 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Chesapeake 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,020 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1990 and are Class B.

Chesapeake Community

Market Report

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

Market Data

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