Virginia Beach Office Space

Virginia Beach

Office Space Market Report

Number of Listings (last 90 days)
117
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,570
As of: March 12, 2017

Virginia Beach Rates

Most listings are in the $20's per square foot per year. The Virginia Beach region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Virginia Beach market, the Virginia Beach submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Virginia Beach Listing Supply

In the last 90 days, 117 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Virginia Beach are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,570 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1985 and are Class B.

Virginia Beach Community

Market Report

Trends and status of the commercial real estate market in Virginia Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Virginia Beach.
Research