North Virginia Office Space

North Virginia

Office Space Market Report

Number of Listings (last 90 days)
664
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,030
As of: February 27, 2017

North Virginia Rates

On average, listings lease in the $30's per square foot per year. The North Virginia region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.

North Virginia Listing Supply

In the last 90 days, 664 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings 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 3,030 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1988 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