Nansemond Sublease

Nansemond

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,950
As of: February 26, 2017

Nansemond Rates

The typical asking rate per listing is in the $30's per square foot per year. The Nansemond region is seeing a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 53% rise in rent.

Nansemond Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this market were built in 2001 and are Class A.

Nansemond Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Nansemond occupants. Commuting between 20 and 25 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 Nansemond.
Market Report

Market Data

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