Central Newport News Sublease

Central Newport News

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,670
As of: January 16, 2017

Central Newport News Rates

Most listings are in the $20's per square foot per year. The Central Newport News submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.

Central Newport News Listing Supply

In the last 90 days, 19 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,930 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1991 and are Class B.

Central Newport News Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Central Newport News residents. Commuting under 5 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 Central Newport News.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Newport News.
Research