Downtown Roanoke Office Space

Downtown Roanoke

Office Space Market Report

Number of Listings (last 90 days)
29
As of: April 24, 2017

Downtown Roanoke Rates

Most listings are in the $0's per square foot per year. The Downtown Roanoke submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.

Downtown Roanoke Listing Supply

In the last 90 days, 29 listings have been posted online, 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.

The standard measurement for office space in this area is around  sqft. Most properties in this region are around 3 stories. Most buildings in this market were built in 1931 and are Class B.

Downtown Roanoke Community

Health care is the dominant industry in this region. Most of the residents of Downtown Roanoke work from home. Commuting around 20 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 Downtown Roanoke.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Roanoke.
Research