On average, listings lease in the $20's per square foot per year. The Virginia Lake region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 12 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 42% of the office spaces in the Virginia Lake 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.
Even though the median size is 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market 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. Waste services is the dominant industry in this region. 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.