Hampton Roads Center Office Space

Hampton Roads Center

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
6,140
As of: July 19, 2017

Hampton Roads Center Rates

On average, listings lease in the $10's per square foot per year. The Hampton Roads Center region is going through a a rise in rates. In the last 3 months, the median rate rose $15 per sqft per year.

Hampton Roads Center Listing Supply

In the last 90 days, 8 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Hampton Roads Center 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 6,140 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 1996 and are Class B.

Hampton Roads Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the folk of Hampton Roads Center work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hampton Roads Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hampton Roads Center.
Research