Portsmouth, Virginia, a city with a rich history dating back to the early 17th century, offers a unique blend of cultural attractions, strong sports presence, and a thriving business environment, making it an ideal location for Office Space For Lease. The city's historic Norfolk Naval Shipyard, Olde Towne Business and Historical District, and the Rivers Casino Portsmouth are just a few examples of the many amenities that make Portsmouth an attractive destination for businesses and individuals alike. With its strong infrastructure, including the Norfolk International Airport, Interstate 264, and U.S. Route 17, Portsmouth provides easy access to major transportation hubs, making it an ideal location for companies looking to establish a presence in the region. Additionally, the city's strong educational institutions, such as Old Dominion University and Tidewater Community College, provide a skilled workforce, further solidifying Portsmouth's position as a prime location for businesses.
With 26 Office Space listings available For Lease, Portsmouth offers a range of options for businesses looking to establish a presence in the city. From modern offices with state-of-the-art amenities to historic buildings with character, Portsmouth's Office Space options cater to a variety of needs and budgets. The average annual rent per square foot for Office Space in Portsmouth is $23 USD, with sizes ranging from 100 square feet to 286,117 square feet. In addition to Office Space, Portsmouth also offers a range of other property types, including Coworking Space, Flex Space, Medical Offices, and Retail Space, each with its own unique characteristics and benefits. Whether you're a startup looking for a flexible workspace or an established business seeking a permanent location, Portsmouth has something to offer.
What is the average size of office space for lease in the Portsmouth market?
The average size of office space for lease in the Portsmouth market is 21,760 square feet, with a total of 26 available listings, and an average annual rent of $23 USD per square foot, making it an attractive option for businesses looking to establish a presence in this historic city.
Are there different types of office space leases available?
In Portsmouth, Virginia, you'll find a variety of office space leases to suit your business needs, with 26 available listings offering flexible options. Here are a few types of office space leases you can expect to find:
- Full-service leases, which typically include utilities, maintenance, and amenities like parking and security, with average annual rent per square foot at $23 USD and average space size of 21,760 square feet.
- Modified gross leases, which may include some utilities and amenities, but with more flexibility in terms of lease duration and space customization, with maximum space size available up to 286,117 square feet.
- Triple net leases, which offer the most flexibility and control, but require tenants to handle maintenance, utilities, and property taxes, making them ideal for established businesses looking for long-term commitments.
