Chesapeake Sublease

Chesapeake

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,250
As of: January 22, 2017

Chesapeake Rates

On average, listings lease in the $10's per square foot per year. The Chesapeake submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.

Chesapeake Listing Supply

In the last 90 days, 56 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Chesapeake are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,250 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1990 and are Class B.

Chesapeake Community

Market Report

Trends and status of the commercial real estate market in Chesapeake.
Market Report

Market Data

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