Kempsville Sublease

Kempsville

Office Space Market Report

Number of Listings (last 90 days)
194
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
3,690
As of: August 17, 2017

Kempsville Rates

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

Kempsville Listing Supply

In the last 90 days, 9 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 222% of the available space in the Kempsville 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.

Even though the median size is 3,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1984 and are Class B.

Kempsville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Kempsville residents. Commuting close to 20 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 Kempsville.
Market Report

Market Data

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