On average, listings lease in the $20's per square foot per year. The Blacksburg region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 18 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 2002 and are Class A.