On average, listings lease in the $30's per square foot per year. The North Virginia submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 7223 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the North Virginia 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,440 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in North Virginia.
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