Virginia Beach Retail

Virginia Beach

Office Space Market Report

Number of Listings (last 90 days)
117
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,500
As of: July 24, 2017

Virginia Beach Rates

The typical asking rate per listing is in the $20's per square foot per year. The Virginia Beach region is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the Virginia Beach market, the Virginia Beach region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Virginia Beach Listing Supply

In the last 90 days, 117 listings have been made available, so you'll want to check back regularly for new listings. About 75% of the listings in the Virginia Beach are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1986 and are Class B.

Virginia Beach Community

Market Report

Trends and status of the commercial real estate market in Virginia Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Virginia Beach.
Research