Newport News Retail

Newport News

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,040
As of: June 23, 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 went up $22 per sqft per year.

Newport News Listing Supply

In the last 90 days, 35 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 191% of the listings in the Newport News 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,020 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1988 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