Lynchburg Industrial

Lynchburg

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,540
As of: July 22, 2017

Lynchburg Rates

Most listings are in the $30's per square foot per year. The Lynchburg region is experiencing a a boost in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 68% rise in rent.

Lynchburg Listing Supply

In the last 90 days, 6 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 317% of the office spaces in the Lynchburg are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1974 and are Class B.

Lynchburg Community

Market Report

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

Market Data

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

Lynchburg Submarkets