Virginia Office Space

Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,685
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,000
As of: December 10, 2016

Virginia Rates

On average, listings lease in the $20's per square foot per year. The Virginia region is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 16% rise in rent.

Virginia Listing Supply

In the last 90 days, 1685 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available space in the Virginia are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1987 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