Virginia Retail

Virginia

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,880
As of: December 4, 2016

Virginia Rates

The typical asking rate per listing is in the $20's per square foot per year. The Virginia submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 15% decrease in rent.

Virginia Listing Supply

In the last 90 days, 15 listings have been made available, which means leases are probably leasing quickly. 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 2,880 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1986 and are Class A.

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