Newport News, VA Retail Properties & Spaces for Lease
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Newport News, VA Retail properties & Spaces Lease Rates & Market Statistics
Browse 42 Retail properties & Spaces for lease in Newport News, VA on Realmo, a commercial real estate marketplace serving the Newport News area. The current inventory totals 394,868 square feet of properties — an average of ~9,400 SF per listing.
Retail properties & Spaces lease rates in Newport News range from $8 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $15.08 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $15.08 SF/Yr, the local average runs 31% below Virginia's state average of $21.76 SF/Yr.
Newport News accounts for 100% of the 42 retail properties & spaces currently available across Newport News County. By space type, the market includes 19 shopping centers and 4 automotive properties — automotive properties typically offer the lowest entry point, while shopping centers command the highest rates.
