Chesapeake Retail

Chesapeake

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,730
As of: May 20, 2017

Chesapeake Rates

Most listings are in the $10's per square foot per year. The Chesapeake submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 11% decrease in rent.

Chesapeake Listing Supply

In the last 90 days, 52 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the Chesapeake are subleases, so you will probably have to focus your search on direct office leases. 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 1,730 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1988 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