Compared to the rest of the Virginia Beach market, the Magic Hollow region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 5,990 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Magic Hollow occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.