On average, listings lease in the $10's per square foot per year. The Roanoke Regional-Woodrum Field submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 19% rise in rent.
In the last 90 days, 1 listings have been listed, which means new listings might be 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 24,640 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region were built in 2016 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Roanoke Regional-Woodrum Field folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.