2023 Office Space Rent & Sales
- $24.18 2023 Avg. Asking Rent
- 0.67% Y-o-Y Avg. Asking Rent Change
- 14.21% 2023 Office Vacancy Rate
Stafford office price per square foot in 2023 was $24.18 on average. This marked a +0.67% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 14.21% 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
Stafford, VA Office Asking Rents by Class
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2023 Office Construction in Stafford, VA
Office building | Address | SF | Completed |
---|---|---|---|
450 Garrisonville Road Medical Office Building | 450 Garrisonville Road, Suite 115, 22554 | 40,000 | 2013 |
Quantico Corporate Center - 800 Corporate Drive | 800 Corporate Drive, 22554 | 135,732 | 2012 |
Stafford Commerce Park III | 51 Barrett Heights Road, 22556 | 80,996 | 2010 |
Quantico Corporate Center - 1000 Corporate Drive | 1000 Corporate Drive, 22554 | 136,000 | 2009 |
The Towne Center at Aquia - 475 Town Center Drive | 475 Town Center Drive, 22554 | 99,461 | 2008 |
Quantico Corporate Center - 925 Corporate Drive | 925 Corporate Drive, 22554 | 134,000 | 2007 |
125 Woodstream Blvd | 125 Woodstream Blvd, 22556 | 76,357 | 2005 |
24 Onville Rd | 24 Onville Rd, 22556 | 20,485 | 2000 |
24 Onville Rd | 24 Onville Rd, 22556 | 20,485 | 2000 |
Brafferton Square | 292 Garrisonville Rd, 22554 | 6,000 | 1980 |
Worth noting among recent office completions on the Stafford market is 450 Garrisonville Road Medical Office Building, which is currently the largest new office development in the city, at 40,000 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 Stafford 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.