Business Resources – Real Estate

Chesapeake is one of the fastest growing cities in the state of Virginia. With 353 square miles of land area, there are many real estate opportunities available to meet the needs of any business, retailer or corporation.

Chesapeake offers:

  • Nearly 6,500 acres zoned industrial
  • Twelve major industrial and commercial areas including established parks

Real Estate Market Snapshot

Property Type Total
Square Feet
Square Feet
Avg. Rental Rate P.S.F. Avg. Price P.S.F.
General Industrial 33,163,565 2,285,009 6.9% $5.83 $38
Retail 34,322,192 1,861,748 5.4% $14.39 $170
Office 5,370,400 411,943 7.7% $16.88 $97

Source: Costar Realty, March 2016

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