Portsmouth, VA Commercial Real Estate for Lease

Search 38 commercial real estate listing(s) for lease in Portsmouth, VA, including the latest local availabilities across all property types and find helpful local stats in the Market Overview section below.

Flex Development Under Construction! January 2027 Delivery

1050 University Blvd, Churchland West, Portsmouth, VA
Space Type

Industrial
For Lease Contact for pricing

1 space available / 24,000 SF
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Academy Crossing

3200 Academy Avenue, Pride Homes - Cedar Creek Apartments, Portsmouth, VA
Space Type

Retail
For Lease Contact for pricing

2 spaces available / 800 - 1,400 SF
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Airline Business Park Building 3, Suite 3G

3303 Airline Blvd Ste 3G, Manor View, Portsmouth, VA
Space Type

Industrial
For Lease Contact for pricing

1 space available / 2,500 SF
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Shop Space with Loading in the Maaco Building

3935 Turnpike Rd, Kingman Heights, Portsmouth, VA
Space Type

Mixed Use
For Lease Contact for pricing

1 space available / 4,000 SF
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Shoppes at Towne Point - FULLY LEASED!

3525 Towne Point Rd, Craney Island Reservation, Portsmouth, VA
Space Type

Retail
For Lease Contact for pricing

1 space available / 2,316 SF
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3340 W Norfolk Road

3340 W Norfolk Road, West Norfolk, Portsmouth, VA
Space Type

Mixed Use
For Lease Contact for pricing

1 space available / 2,478,564 SF
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Commercial Real Estate Listings for Lease in Portsmouth, VA

The Portsmouth real estate market has a lot to offer. You will find that Industrial accounts for the largest share of CRE for lease opportunities on the local market. Meanwhile, Retail accounts for the second-largest share of local listings for rent.

Portsmouth, VA Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Retail 16 413,777 Sq. Ft.

Industrial 9 670,477 Sq. Ft.

Office 6 41,900 Sq. Ft.

CRE for Rent in Portsmouth, VA by Use Type

Office

3.72%

Retail

36.74%

Industrial

59.54%

Top Locations for Commercial Space for Lease in Portsmouth, VA

Depending on the type of space that you’re looking for, different areas of Portsmouth may suit your needs differently. The city’s Olde Towne Portsmouth neighborhood has the highest concentration of CRE listings for lease, offering 10 availabilities on the market. The Downtown Portsmouth neighborhood is home to the second-largest number of leasing opportunities — 8 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Olde Towne Portsmouth.

Top Locations for CRE Listings in Portsmouth, VA

Neighborhood with most CRE Listings No. of Spaces

Olde Towne Portsmouth 10

Downtown Portsmouth 8

Manor View 6

Top Locations for Office Listings in Portsmouth, VA

Neighborhood with most Office Listings No. of Spaces

Olde Towne Portsmouth 10

Downtown Portsmouth 3

Portcentre Commerce Park 1

Areas with numerous industrial properties are also more likely to be well-connected logistically. The Uptown Portsmouth area is the local Portsmouth submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where the location best fits in order to be close to the customers. In Portsmouth, you’ll find the most such opportunities for lease to be in Manor View.

Top Locations for Industrial Listings in Portsmouth, VA

Neighborhood with most Industrial Listings No. of Spaces

Uptown Portsmouth 2

Norfolk Naval Shipyard 2

Churchland West 1

Top Locations for Retail Listings in Portsmouth, VA

Neighborhood with most Retail Listings No. of Spaces

Manor View 5

Collinswood 5

Hattonsville 4

Mixed-Use and Green Commercial Real Estate in Portsmouth, VA

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

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Portsmouth, VA Commercial Real Estate for Lease

Flex Development Under Construction! January 2027 Delivery

Academy Crossing

Airline Business Park Building 3, Suite 3G

Shop Space with Loading in the Maaco Building

Shoppes at Towne Point - FULLY LEASED!

3340 W Norfolk Road

Commercial Real Estate Listings for Lease in Portsmouth, VA

Portsmouth, VA Commercial Real Estate Listings for Rent

CRE for Rent in Portsmouth, VA by Use Type

Top Locations for Commercial Space for Lease in Portsmouth, VA

Top Locations for CRE Listings in Portsmouth, VA

Top Locations for Office Listings in Portsmouth, VA

Top Locations for Industrial Listings in Portsmouth, VA

Top Locations for Retail Listings in Portsmouth, VA

Mixed-Use and Green Commercial Real Estate in Portsmouth, VA

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