Compared to the rest of the Virginia Beach market, the Great Neck region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Great Neck are subleases, so you might be able to find a shorter term or below market rent. 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 1,400 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the residents of Great Neck work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.