Newport News Office Space

Newport News

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,040
As of: June 27, 2017

Newport News Rates

The typical asking rate per listing is in the $20's per square foot per year. The Newport News submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Newport News Listing Supply

In the last 90 days, 35 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 194% of the listings in the Newport News 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1988 and are Class B.

Newport News Community

Market Report

Trends and status of the commercial real estate market in Newport News.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newport News.
Research