Newport News Office Space

Newport News

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,750
As of: January 19, 2017

Newport News Rates

The typical asking rate per listing is in the $20's per square foot per year. The Newport News region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 22% increase in rent.

Newport News Listing Supply

In the last 90 days, 21 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,930 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1990 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