Albemarle County Retail

Albemarle County

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,300
As of: March 11, 2017

Albemarle County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Albemarle County region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.

Albemarle County Listing Supply

In the last 90 days, 8 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 13% of the available leases in the Albemarle County 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 2002 and are Class B.

Albemarle County Community

Market Report

Trends and status of the commercial real estate market in Albemarle County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Albemarle County.
Research

Albemarle County Submarkets