Newport News Retail

Newport News

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,750
As of: February 20, 2017

Newport News Rates

Most listings are in the $20's per square foot per year. The Newport News submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 8% rise in rent.

Newport News Listing Supply

In the last 90 days, 33 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,750 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this region were built in 1989 and are Class B.

Newport News Community

Market Report

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

Market Data

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