The typical asking rate per listing is in the $30's per square foot per year. The Loudoun Tech Center submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 44% increase in rent.
Compared to the rest of the Washington D.C. market, the Loudoun Tech Center region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 12 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 5,820 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 1 floors. Most buildings in this region were built in 1999 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Most of the occupants of Loudoun Tech Center work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.