On average, listings lease in the $20's per square foot per year. The Blacksburg region is seeing a a boost in rates. In the last 3 months, the median rate rose $29 per sqft per year.
In the last 90 days, 18 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 89% of the available leases in the Blacksburg 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,950 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 2002 and are Class A.