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Most commerial real estate listings for lease are in the $50's per square foot per year. The Chickahominy submarket is going through a a rise in rates. In the last 3 months, the median rate for lease went up $21 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Fairfield commercial real estate market, the Chickahominy submarket has greater rates for rent, and you may need to pay a premium to be in this hot region.
In the last 90 days, 35 commercial real estate listings have been made available, which means leases are probably 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 posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 150 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built around 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the folk of Chickahominy work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Chickahominy.
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