Most listings are in the $20's per square foot per year. The Downtown Roanoke region is seeing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
In the last 90 days, 29 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 52% of the listings in the Downtown Roanoke 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 2,390 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1931 and are Class B.
Health care is the dominant industry in this market. Most of the residents of Downtown Roanoke work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.