North Newport News Retail

North Newport News

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
10,960
As of: December 2, 2016

North Newport News Rates

Most listings are in the $10's per square foot per year. The North Newport News submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.

North Newport News Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces 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 posted, so finding a space for a small business might be tough.

Even though the median size is 10,960 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 1988 and are Class C.

North Newport News Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of North Newport News work from home. 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 North Newport News.
Market Report

Market Data

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

Newport News Submarkets