Compared to the rest of the Virginia Beach market, the Little Neck submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 87% of the office spaces in the Little Neck are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,480 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this region were built in 1981 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the folk of Little Neck work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.