Chesapeake Retail

Chesapeake

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,840
As of: March 12, 2017

Chesapeake Rates

Most listings are in the $10's per square foot per year. The Chesapeake region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Chesapeake Listing Supply

In the last 90 days, 52 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Chesapeake 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 1,840 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1990 and are Class B.

Chesapeake Community

Market Report

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

Market Data

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