Mechanicsville Industrial

Mechanicsville

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,030
As of: August 19, 2017

Mechanicsville Rates

Most listings are in the $20's per square foot per year. The Mechanicsville submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.

Mechanicsville Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 267% of the listings in the Mechanicsville 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 4,030 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1993 and are Class A.

Mechanicsville Community

Market Report

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

Market Data

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

Hanover County Submarkets