Most listings are in the $20's per square foot per year. The Downtown Newport News region is seeing a an increase in rates. In the last 3 months, the median rate rose $22 per sqft per year.
In the last 90 days, 1 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,270 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 10 floors. Most buildings in this area were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Newport News residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.