On average, listings lease in the $0's per square foot per year. The Newport region is seeing a decrease in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 0 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the listings in the Newport are subleases, so you will probably have to consider a longer term lease. 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 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Newport residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.