Highlights
- The average rent for office space in Hampton is $18.97 per square foot, 11.86% higher compared to the previous year.
- The market’s vacancy rate stands at 14.69%, lower than the state average of Virginia, which is 16.76%.
2025 Office Space Rent & Sales
- $18.97 2025 Avg. Asking Rent
- 11.86% Y-o-Y Avg. Asking Rent Change
- 14.69% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Hampton?
Average asking rents for office space here stand at $18.97 per square foot. The local office market recorded an average vacancy rate of 14.69% in 2025, unchanged from 14.69% in 2024.
Hampton, VA Office Asking Rents by Class
What is the average office rent per square foot by property class in VA?
- Avg. Asking Rent Class A & A+$35.10
- Avg. Asking Rent Class B$27.59
- Avg. Asking Rent Class C$19.12
For comparison, the average rent for Class A and A+ office space in Virginia was $35.10 per square foot. The state-wide average for Class B space was $27.59 per square foot, and Class C office spaces averaged $19.12 per square foot.
What are the largest recent office completions in Hampton?
The largest recent office completion here is Harbour Centre at 192,908 square feet, completed in 1987. The next largest completions are Hampton Roads Center - Lakefront Plaza and Hampton Roads Center South Campus - Olympia Place.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Executive Crossing West | 1501-1521 Hardy Cash Dr, 23666 | 18,464 | 2009 |
| Sentara CarePlex West | 4001 Coliseum Drive, 23666 | 70,774 | 2007 |
| Hampton Roads Center - Lakefront Plaza | 21 Enterprise Pkwy, 23666 | 75,915 | 1999 |
| 23 South Mallory Street | 23 South Mallory Street, 23663 | 3,763 | 1991 |
| 23 South Mallory Street | 23 South Mallory Street, 23663 | 3,763 | 1991 |
| Hampton Roads Center South Campus - Olympia Place | 22 Enterprise Pkwy, 23666 | 72,404 | 1990 |
| Harbour Centre | 2 Eaton St, 23669 | 192,908 | 1987 |
| Pinewood Plaza | 1919 Commerce Drive, 23666 | 71,593 | 1987 |
| Hampton Roads Center South Campus - Oxford Plaza | 1 Enterprise Pkwy, 23666 | 63,029 | 1987 |
| Oxford Plaza | 1 Enterprise Pkwy, 23666 | 63,029 | 1987 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.