Downtown Manassas Sublease

Downtown Manassas

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,600
As of: February 19, 2017

Downtown Manassas Rates

On average, listings lease in the $10's per square foot per year. The Downtown Manassas region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Washington D.C. market, the Downtown Manassas region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Manassas Listing Supply

In the last 90 days, 8 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Downtown Manassas 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this region are approximately 4 floors. Most buildings in this market were built in 2002 and are Class B.

Downtown Manassas Community

A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Manassas residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

Manassas Submarkets