Most listings are in the $10's per square foot per year. The Norfolk Industrial Park region is experiencing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1987 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Norfolk Industrial Park folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.