On average, listings lease in the $20's per square foot per year. The Stratford Hills - Stony Point region is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 38% rise in rent.
Compared to the rest of the Richmond market, the Stratford Hills - Stony Point region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means office spaces might be 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 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 2,160 sqft. Most properties in this region are close to 4 stories. Most buildings in this market were built in 1969 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Stratford Hills - Stony Point occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.