Virginia Office Space

Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,467
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,540
As of: July 26, 2017

Virginia Rates

Most listings are in the $20's per square foot per year. The Virginia region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

Virginia Listing Supply

In the last 90 days, 1467 listings have been made available, so you'll want to check back regularly for new listings. About 121% of the office spaces in the Virginia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,620 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1986 and are Class B.

Virginia Community

Market Report

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

Market Data

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