On average, listings lease in the $20's per square foot per year. The University of Virginia submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 2 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the University of Virginia are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,290 sqft. Most properties in this region are approximately 2 stories.