Hampton Roads Center Retail

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Hampton Roads Center

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
8,020
As of: December 2, 2016

Hampton Roads Center Rates

On average, listings lease in the $20's per square foot per year. The Hampton Roads Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Hampton Roads Center Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 8,020 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1990 and are Class B.

Hampton Roads Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Most of the occupants of Hampton Roads Center work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Hampton Roads Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hampton Roads Center.
Research