On average, listings lease in the $0's per square foot per year. The Norfolk Industrial Park submarket is going through a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the office spaces in the Norfolk Industrial Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1987 and are Class B.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Norfolk Industrial Park occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.