Herndon Office Space

196 Van Buren St - Unit 1 (Floor 4) Herndon, sky light and HVAC
Sep 01
9,220
sqft
Sublease Office
585 Grove St - Unit 135 (Floor 1) Herndon, VA  
Aug 02
520
sqft
Sublease Office
720 Grant St - Floor 1 Herndon, VA  
May 19
1,150
sqft
Office Retail

Herndon

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
4,680

Herndon Rates

On average, listings lease in the $30's per square foot per year. The Herndon region is seeing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 19% rise in rent.

Compared to the rest of the Washington D.C. market, the Herndon submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Herndon Listing Supply

In the last 90 days, 166 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Herndon are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this region were built in 1987 and are Class A.

Herndon Community

Market Data

Real time and historical data on commercial real estate listings in Herndon.
Research