Downtown Manassas Industrial

Downtown Manassas

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
4,550
As of: June 27, 2017

Downtown Manassas Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Manassas region is going through a a boost in rates. In the last 3 months, the median rate increased $27 per sqft per year.

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

Downtown Manassas Listing Supply

In the last 90 days, 8 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available space in the Downtown Manassas are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,550 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this area were built in 1989 and are Class B.

Downtown Manassas Community

A large portion of this market is residential, but there's plenty of office_space. 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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Manassas.
Market Report

Market Data

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

Manassas Submarkets