Norfolk, Virginia, is a prime location for businesses looking to establish a strong presence in the region. With its strategic position along the Elizabeth River and Chesapeake Bay, Norfolk offers a unique blend of maritime activities, defense contracting, cargo ports, and tourism, making it an attractive destination for companies seeking to tap into these industries. The city's infrastructure is well-equipped to support businesses, with amenities such as Sentara Norfolk General Hospital, Sentara Leigh Hospital, and Bon Secours DePaul Medical Center providing top-notch healthcare services. Additionally, Norfolk's educational institutions, including Old Dominion University and Norfolk State University, offer a talented pool of potential employees. The city's vibrant arts scene, featuring annual events like the Virginia Arts Festival and the Virginia International Tattoo, also contributes to its appeal as a great place for business and travel.
With 59 office spaces for lease in Norfolk, businesses have a wide range of options to choose from. These office spaces offer a variety of amenities, including proximity to major transportation hubs like Norfolk International Airport and the Amtrak station. The average annual rent for office space in Norfolk is $29 USD per square foot, with sizes ranging from 10 square feet to 209,624 square feet. In addition to office spaces, Norfolk also offers coworking spaces, flex spaces, medical offices, and retail spaces for lease, providing businesses with flexibility and options to suit their needs. Whether you're looking to establish a new business or expand an existing one, Norfolk's office spaces for lease offer a great opportunity to tap into the city's thriving economy.
What is the average size of office space for lease in the Norfolk market?
In the Norfolk market, the average size of office space for lease is 8,231 square feet, with a total of 59 available listings, offering a range of options for businesses of various sizes, from small startups to large corporations, with maximum space sizes reaching up to 209,624 square feet.
Are there different types of office space leases available?
In Norfolk, Virginia, where there are currently 59 available listings of office space, you can find various types of office space leases to suit your business needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities like parking and security, with an average annual rent of $29 USD per square foot;
- Modified gross leases, which may include some utilities and amenities, with the tenant responsible for others, and average around $29 USD per square foot;
- Triple net leases, where the tenant is responsible for all expenses, including utilities, maintenance, and property taxes, with average sizes ranging from 8,231 square feet to 209,624 square feet.
