Centreville Retail

Centreville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,930
As of: August 16, 2017

Centreville Rates

The typical asking rate per listing is in the $40's per square foot per year. The Centreville submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $42 per sqft per year.

Compared to the rest of the Washington D.C. market, the Centreville region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Centreville Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Centreville are subleases, so you might be able to find a shorter term or below market rent. 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 2,930 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 2001 and are Class A.

Centreville Community

Market Report

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

Market Data

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