Newport News County Industrial

Newport News County

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,040
As of: June 25, 2017

Newport News County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Newport News County submarket is going through a a rise in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Newport News County Listing Supply

In the last 90 days, 35 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 194% of the available space in the Newport News County 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 1988 and are Class B.

Newport News County Community

Market Report

Trends and status of the commercial real estate market in Newport News County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newport News County.
Research

Newport News County Submarkets