On average, listings lease in the $20's per square foot per year. The Loudoun Tech Center region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Washington D.C. market, the Loudoun Tech Center submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been listed, which means listings most likley are 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,780 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1999 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Most of the residents 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.