Central Newport News Sublease

Central Newport News

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,780
As of: June 23, 2017

Central Newport News Rates

The typical asking rate per listing is in the $10's per square foot per year. The Central Newport News submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $19 per sqft per year.

Central Newport News Listing Supply

In the last 90 days, 21 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the available space in the Central Newport News are subleases, so you might be able to snag a great spot on a short term. 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 1,710 sqft. Most properties in this region are around 1 stories. Most buildings in this market 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 area. Commute by bike is the most popular way to get to work amongst Central Newport News occupants. 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