Norfolk, VA Flex Space for Lease
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Similar Spaces for Sale in Norfolk, VA
Norfolk, VA Flex space Lease Rates & Market Statistics
Explore 23 Flex space listings for lease in Norfolk, VA on Realmo, a commercial real estate exchange covering the Norfolk area. The current inventory totals 219,031 square feet of properties — an average of ~9,500 SF per listing.
Asking lease rates for Flex space in Norfolk start at $9.75 SF/Yr, average $11.18 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $11.18 SF/Yr, the local average runs 17% below Virginia's state average of $13.50 SF/Yr.
Norfolk accounts for 100% of the 23 flex space listings currently available across Norfolk County. Flex space listings make up 77% of the 30 Industrial properties currently for lease in Norfolk, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Other industrial properties (5 listings) elsewhere in the Norfolk market.