Holland Sublease

Holland

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,810
As of: July 23, 2017

Holland Rates

The typical asking rate per listing is in the $20's per square foot per year. The Holland submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Virginia Beach market, the Holland submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Holland Listing Supply

In the last 90 days, 36 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Holland are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,810 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1988 and are Class B.

Holland 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 area. Commute by walking is the most popular way to get to work amongst Holland occupants. Commuting between 30 and 45 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 Holland.
Market Report

Market Data

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