Virginia Retail

Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,467
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,620
As of: May 21, 2017

Virginia Rates

On average, listings lease in the $20's per square foot per year. The Virginia region is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Virginia Listing Supply

In the last 90 days, 1467 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Virginia are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market 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