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 fell $11 per sqft per year. That's a 31% decline in rent.
Compared to the rest of the Washington D.C. market, the Loudoun Tech Center submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 18 listings have come on the market, which means office spaces 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1999 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Utilities is the dominant industry in this market. Most of the folk of Loudoun Tech Center work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.