On average, listings lease in the $120's per square foot per year. The Downtown Manassas region is going through a a rise in rates. In the last 3 months, the median rate increased $100 per sqft per year. That's a 368% rise in rent.
Compared to the rest of the Washington D.C. Area market, the Downtown Manassas region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 48 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available leases in the Downtown Manassas are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this market are around 4 floors. Most buildings in this market were built in 1989 and are Class B.
This region is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Downtown Manassas residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Manassas.
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