Stratford Hills - Stony Point Office Space

Stratford Hills - Stony Point

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,460
As of: May 19, 2017

Stratford Hills - Stony Point Rates

Most listings are in the $30's per square foot per year. The Stratford Hills - Stony Point region is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Richmond market, the Stratford Hills - Stony Point region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Stratford Hills - Stony Point Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 3,460 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this area were built in 1969 and are Class A.

Stratford Hills - Stony Point Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Stratford Hills - Stony Point occupants. Commuting under 5 minutes 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 Stratford Hills - Stony Point.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Stratford Hills - Stony Point.
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