Herndon Retail

Herndon

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
4,680

Herndon Rates

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

Compared to the rest of the Washington D.C. market, the Herndon submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Herndon Listing Supply

In the last 90 days, 166 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the Herndon are subleases, so you will probably have to focus your search on direct office leases. 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 listings below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market 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