On average, listings lease in the $10's per square foot per year. The Newport News County submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 35 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 143% of the available space in the Newport News County 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,620 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1988 and are Class B.