Virginia Beach Office Space

Virginia Beach

Office Space Market Report

Number of Listings (last 90 days)
117
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,810
As of: May 24, 2017

Virginia Beach Rates

Most listings are in the $20's per square foot per year. The Virginia Beach submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

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

Virginia Beach Listing Supply

In the last 90 days, 117 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available space in the Virginia Beach are subleases, so you will probably have to consider a longer term lease. 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 1,810 sqft. Most properties in this area are approximately 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