North Virginia Industrial

North Virginia

Office Space Market Report

Number of Listings (last 90 days)
676
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,000
As of: May 23, 2017

North Virginia Rates

Most listings are in the $30's per square foot per year. The North Virginia submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.

North Virginia Listing Supply

In the last 90 days, 676 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the North Virginia 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1987 and are Class A.

North Virginia Community

Market Report

Trends and status of the commercial real estate market in North Virginia.
Market Report

Market Data

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