Lynchburg Retail

Lynchburg

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,540
As of: July 24, 2017

Lynchburg Rates

The typical asking rate per listing is in the $30's per square foot per year. The Lynchburg region is experiencing a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 68% rise in rent.

Lynchburg Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Lynchburg are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1974 and are Class B.

Lynchburg Community

Market Report

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

Market Data

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

Lynchburg Submarkets