Newport News Retail

Newport News

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,210
As of: March 12, 2017

Newport News Rates

The typical asking rate per listing is in the $10's per square foot per year. The Newport News region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.

Newport News Listing Supply

In the last 90 days, 35 listings have come on the market, which means new listings might be 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,210 sqft. Most properties in this market are close to 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