Commercial Real Estate in Lynchburg

There is a place for your business in Lynchburg—literally.  Whether your business needs 100,000 square feet of warehouse, 1,000 square feet of retail or raw land for new construction, there is a building or site available for lease or sale in Lynchburg.  Our diverse commercial real estate market offers competitive lease rates and reasonable sale prices, along with the infrastructure your business needs, from high-speed internet to rail access. 

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For information on our residential real estate market, please visit our Housing section here.

Commercial Real Estate Market Overview
Total Square Footage 14,573,980
Available Square Footage 1,050,204
Occupancy Rate 92.75%
Average Lease Rate per Square Foot (Avg. of All Lease Types)         
    Office $12.60/sq. ft.
    Non-Office $11.64/sq. ft.
Average Sales Price per Square Foot (All Property Classes) $44.00/sq. ft.
Current Properties for Lease 324
Current Properties for Sale 86

 

Asking Rental Rates
Building Class # Available        Average Rent (All Lease Types)        Rent Range (All Lease Types)
Flex 8 $7.15/sq. ft. $5.50 – $10.00/sq. ft.
Industrial/Warehouse         33 $5.65/sq. ft. $2.50 – $12.00/sq. ft.
Office 95 $10.71/sq. ft. $2.55 – $21.00/sq. ft.
Office/Retail 27 $9.23/sq. ft. $3.26 – $12.50/sq. ft.
Office/Medical 7 $12.19/sq. ft. $8.18 – $14.25/sq. ft.
Retail 152 $11.67/sq. ft. $6.00 – $23.71/sq. ft.
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