Hampton Roads Center Industrial

Hampton Roads Center

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
6,140
As of: July 24, 2017

Hampton Roads Center Rates

The typical asking rate per listing is in the $10's per square foot per year. The Hampton Roads Center submarket is going through a an increase in rates. In the last 3 months, the median rate went up $15 per sqft per year.

Hampton Roads Center Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Hampton Roads Center 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,140 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 1996 and are Class B.

Hampton Roads Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the folk of Hampton Roads Center work from home. Commuting approximately an hour and a half 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 Hampton Roads Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hampton Roads Center.
Research