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.
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.
Real time and historical data on commercial real estate listings in Herndon.
Get email notifications when new listings are posted that match your requirements.