Chantilly Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $23.77 2023 Avg. Asking Rent
  • 11.26% 2023 Office Vacancy Rate

Chantilly office price per square foot in 2023 was $23.77 on average. The local office market recorded an average vacancy rate of 11.26% 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

Chantilly, VA Office Asking Rents by Class

2023 Office Vacancy Rates in Chantilly

Submarket Asking Rents Vacancy Rates
Rt 28 Corridor South $26.97 11.75%
Rt 28 Corridor North $21.92 7.63%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Chantilly market was 11.26% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Chantilly was 7.63% in the Rt 28 Corridor North submarket, while the highest office vacancy in the market was 11.75%, recorded in Rt 28 Corridor South.

Office Spaces for Rent in Virginia

Coworking Spaces in Virginia

2023 Office Construction in Chantilly, VA

Largest Office Properties Recently Completed in Chantilly
Office building Address SF Completed
14566 Lee Road 14566 Lee Road, 20151 70,000 2010
Investment - Ground Floor Commercial Condo -Stonecroft Business Park - Building A 14801 Murdock Street, 20151 37,542 2008
Northridge at Westfields 15002 Northridge Drive, 20151 99,464 2007
14526 Lee Road 14526 Lee Road, 20151 31,242 2006
14137 Robert Paris Ct 14137 Robert Paris Court, 20151 1,450 2006
14131 Robert Paris Ct 14131 Robert Paris Court, 20151 1,325 2006
4803 Stonecroft Boulevard 4803 Stonecroft Boulevard, 20151 81,231 2005
Avion Business Park - Lakeside II 3975 Virginia Mallory Drive, 20151 130,265 2004
Albemarle Point Place 14420 Albemarle Point Place, 20151 296,360 2001
4530 Walney Road 4530 Walney Road, 20151 31,645 2001

Worth noting among recent office completions on the Chantilly market is 14566 Lee Road, which is currently the largest new office development in the city, at 70,000 square feet.

Data provided by Commercial Edge

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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 Chantilly 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.