North Virginia Retail

North Virginia

Office Space Market Report

Number of Listings (last 90 days)
1,124
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,434
As of: December 6, 2016

North Virginia Rates

The typical asking rate per listing is in the $30's per square foot per year. The North Virginia region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

North Virginia Listing Supply

In the last 90 days, 1124 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces 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 3,434 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region 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