Roanoke Regional-Woodrum Field Retail

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Roanoke Regional-Woodrum Field

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
24,640
As of: December 7, 2016

Roanoke Regional-Woodrum Field Rates

The typical asking rate per listing is in the $10's per square foot per year. The Roanoke Regional-Woodrum Field submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 19% increase in rent.

Roanoke Regional-Woodrum Field Listing Supply

In the last 90 days, 1 listings have been listed, which means spaces most likley are 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 24,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 2016 and are Class B.

Roanoke Regional-Woodrum Field Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Roanoke Regional-Woodrum Field residents. Commuting approximately an hour 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 Roanoke Regional-Woodrum Field.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Roanoke Regional-Woodrum Field.
Research