Leesburg Office Space

Leesburg

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
900
As of: August 20, 2017

Leesburg Rates

On average, listings lease in the $20's per square foot per year. The Leesburg region is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 23% decline in rent.

Compared to the rest of the Washington D.C. market, the Leesburg region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Leesburg Listing Supply

In the last 90 days, 4 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Leesburg 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 900 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1990 and are Class B.

Leesburg Community

Market Report

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

Market Data

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