Most listings are in the $10's per square foot per year. The Downtown Hampton submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 31 listings have come on the market, which means leases are probably 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.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Hampton residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.