Virginia Lake Retail

Virginia Lake

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,500
As of: January 19, 2017

Virginia Lake Rates

On average, listings lease in the $30's per square foot per year. The Virginia Lake submarket is going through a an increase in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a 191% increase in rent.

Virginia Lake Listing Supply

In the last 90 days, 15 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 27% of the available space in the Virginia Lake are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1980 and are Class B.

Virginia Lake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of Virginia Lake work from home. Commuting between 20 and 25 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 Virginia Lake.
Market Report

Market Data

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