2023 Office Space Rent & Sales
- $32.71 2023 Avg. Asking Rent
- 17.55% 2023 Office Vacancy Rate
Centreville office price per square foot in 2023 was $32.71 on average. The local office market recorded an average vacancy rate of 17.55% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Virginia Class A & A+ Office Space$36.28
- Virginia Class B Office Space$26.18
- Virginia Class C Office Space$32.04
Centreville, VA Office Asking Rents by Class
2023 Office Vacancy Rates in Centreville
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Rt 28 Corridor South | $26.97 | 11.75% |
| Manassas | $23.65 | 9.20% |
Office Spaces for Rent in Virginia
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Trinity Centre 3 | 5885 Trinity Parkway, 22020 | 91,271 | 1999 |
| CentreMed I & II | 6201 Centreville Road, 20121 | 52,000 | 1998 |
Worth noting among recent office completions on the Centreville market is Trinity Centre 3, which is currently the largest new office development in the city, at 91,271 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Centreville commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.