Portsmouth, VA Commercial Real Estate for Lease

Search 28 commercial real estate listings for lease in Portsmouth, VA, including the latest local availabilites across all property types and find helpful local stats in the Market Overview section below.

3971 & 3975 Elm Avenue

3971 & 3975 Elm Avenue, Norfolk Naval Shipyard, Portsmouth, VA
Property

VacantLand

11.14 Acre
Availability

2 Spaces

11.14 Acre
For Lease

$5,000.00/MO
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1121 Airline Blvd

1121 Airline Blvd, Westhaven Park, Portsmouth, VA
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
Year Built

1968
For Lease Contact for pricing
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706 Airline Blvd

706 Airline Blvd, Westhaven Park, Portsmouth, VA
Property

Retail
Availability

1 Space

4,095 SF
For Lease Contact for pricing
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Brand New Retail & Office Suites Available in Olde Towne Portsmouth

505 Washington St, Downtown Portsmouth, Portsmouth, VA
Property

Retail
Availability

1 Space

2,172 SF
For Lease Contact for pricing
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2570 Airline Blvd

2570 Airline Blvd, Rollingwood, Portsmouth, VA
Property

Retail

20,401 SF
Availability

1 Space

12,515 SF
Year Built

1989
For Lease

$4.72/SF/MO
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3340 W Norfolk Road

3340 W Norfolk Road, West Norfolk, Portsmouth, VA
Property

Other

56.32 Acre
Availability

1 Space

56.9 Acre
For Lease Contact for pricing
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1460 Columbus Avenue

1460 Columbus Avenue, North Truxtun, Portsmouth, VA
Property

VacantLand

5.3 Acre
Availability

1 Space

5.3 Acre
For Lease Contact for pricing
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3509 Towne Point Road

3509 Towne Point Road, Churchland Forest Apartments, Portsmouth, VA
Property

VacantLand

1.07 Acre
Availability

1 Space

1 Acre
For Lease Contact for pricing
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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 Retail accounts for the largest share of CRE for lease opportunities on the local market. Meanwhile, Industrial 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 12 289,288 Sq. Ft.

Industrial 7 235,397 Sq. Ft.

Office 4 36,397 Sq. Ft.

CRE for Rent in Portsmouth, VA by Use Type

Office

6.49%

Retail

51.56%

Industrial

41.95%

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 7 availabilities on the market. The Manor View neighborhood is home to the second-largest number of leasing opportunities — 5 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 7

Manor View 5

Uptown Portsmouth 4

Top Locations for Office Listings in Portsmouth, VA

Neighborhood with most Office Listings No. of Spaces

Olde Towne Portsmouth 7

Westhaven Park 1

Downtown Portsmouth 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 4

Churchland West 1

Norfolk Naval Shipyard 1

Top Locations for Retail Listings in Portsmouth, VA

Neighborhood with most Retail Listings No. of Spaces

Manor View 5

Downtown Portsmouth 2

Westhaven Park 2

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

3971 & 3975 Elm Avenue

1121 Airline Blvd

706 Airline Blvd

Brand New Retail & Office Suites Available in Olde Towne Portsmouth

2570 Airline Blvd

3340 W Norfolk Road

1460 Columbus Avenue

3509 Towne Point 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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