Portsmouth, VA Retail Properties & Spaces for Lease
Portsmouth, VA Retail properties & Spaces Lease Rates & Market Statistics
Explore 24 Retail properties & Spaces for lease in Portsmouth, VA on Realmo, a commercial real estate exchange covering the Portsmouth area. The current inventory totals 569,784 square feet of properties — an average of ~23,750 SF per listing.
Asking lease rates for Retail properties & Spaces in Portsmouth start at $15 SF/Yr, average $20.67 SF/Yr, and reach $27 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.67 SF/Yr, the local average runs 13% below Virginia's state average of $23.72 SF/Yr.
Portsmouth accounts for 100% of the 24 retail properties & spaces currently available across Portsmouth County. By space type, the market includes 5 shopping centers and 3 storefront properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
