Virginia Lake Sublease

Virginia Lake

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,920
As of: December 10, 2016

Virginia Lake Rates

Most listings are in the $20's per square foot per year. The Virginia Lake region is going through a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 35% increase in rent.

Virginia Lake Listing Supply

In the last 90 days, 8 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available leases in the Virginia Lake are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,920 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1980 and are Class B.

Virginia Lake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Virginia Lake work from home. Commuting between 20 and 25 minutes 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 Virginia Lake.
Market Report

Market Data

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