Central Newport News Retail

Central Newport News

Office Space Market Report

Number of Listings (last 90 days)
21
As of: April 28, 2017

Central Newport News Rates

The typical asking rate per listing is in the $0's per square foot per year. The Central Newport News region is experiencing a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.

Central Newport News Listing Supply

In the last 90 days, 21 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1991 and are Class B.

Central Newport News Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Central Newport News occupants. Commuting under 5 minutes 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 Central Newport News.
Market Report

Market Data

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