Leesburg Commercial Real Estate

161 Fort Evans Rd NE - Unit 200/230 Leesburg, VA GSF: $22.50
May 20
3,250
sqft
Office Medical

Leesburg

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
900

Leesburg Rates

On average, listings lease in the $20's per square foot per year. The Leesburg submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 23% decrease in rent.

Compared to the rest of the Washington D.C. market, the Leesburg region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Leesburg Listing Supply

In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the listings in the Leesburg are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 900 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1990 and are Class B.

Leesburg Community

Market Data

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