On average, listings lease in the $20's per square foot per year. The Blacksburg region is seeing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% increase in rent.
In the last 90 days, 18 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 83% of the listings in the Blacksburg 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,890 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 2001 and are Class A.