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Commercial Real Estate in Reston, VA - 126 Properties Available

Reston, VA - Commercial Properties

  • Arboretum II South - Herndon
    2245 Monroe Street, Herndon, VA 20171
    $33.5/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 162,276 Sqft
  • Reston Metro Center One - Reston
    12120 Sunrise Valley Drive, Reston, VA 20191
    $35.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 121,145 Sqft
  • Reston Business Campus - Reston
    12320 Pinecrest Road, Reston, VA 20191
    $19/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 17,982 Sqft
  • Reston Plaza I - Reston
    12030 Sunrise Valley Drive, Reston, VA 20191
    $30/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 30,827 Sqft
  • Commerce Executive V - Reston
    11440 Commerce Park Drive, Reston, VA 20191
    $36/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 40,545 Sqft
  • RTC West 2 - Reston
    12110 Sunset Hills Road, Reston, VA 20190
    $33/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,036 Sqft
  • Reston Arboretum - Reston
    12700 Sunrise Valley Drive, Reston, VA 20191
    $23/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,217 Sqft
  • Summit II - Reston
    2000 Edmund Halley Drive, Reston, VA 20191
    $39.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,366 Sqft
  • One Dulles Corridor - Reston
    10740 Parkridge Blvd, Reston, VA 20191
    $26.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 16,000 Sqft
  • The Junction - Reston
    11493 Sunset Hills Road, Reston, VA 20190
    $36/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 178,698 Sqft
  • Commerce Executive VI - Reston
    11480 Commerce Park Drive, Reston, VA 20191
    $20.5 - $35.25/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 24,149 Sqft
  • 1881 Campus Commons Drive - Reston
    1881 Campus Commons Drive, Reston, VA 20191
    $36 - $37/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 48,918 Sqft
  • 2100 Reston Pkwy - Reston
    2100 Reston Pkwy, Reston, VA 20191
    $12 - $29.75/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 23,590 Sqft
  • Two Freedom Square - Reston
    11955 Freedom Drive, Reston, VA 20190
    $25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,711 Sqft
  • Parkridge Plaza III - Reston
    10701 Parkridge Blvd, Reston, VA 20191
    $28.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 23,754 Sqft
  • Reston Corner III - Reston
    12001 Sunrise Valley Drive, Reston, VA 20191
    $32/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 20,332 Sqft
  • Reston Corner I - Reston
    12007 Sunrise Valley Drive, Reston, VA 20191
    $32/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 28,598 Sqft
  • Reston Corner II - Reston
    12005 Sunrise Valley Drive, Reston, VA 20191
    $32/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 68,876 Sqft
  • The Campus at Sunrise - Reston
    11190 Sunrise Valley Drive, Reston, VA 20191
    $33/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 49,309 Sqft
  • Plaza America Tower 2 - Reston
    11710 Plaza America Drive, Reston, VA 20190
    $42.5 - $44/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 46,959 Sqft
  • Plaza America Tower 3 - Reston
    11720 Plaza America Drive, Reston, VA 20190
    $42.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 112,153 Sqft
  • Plaza America Tower 1 - Reston
    11700 Plaza America Drive, Reston, VA 20190
    $35/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,900 Sqft
  • Plaza America Tower 4 - Reston
    11730 Plaza America Drive, Reston, VA 20190
    $42.5/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 7,008 Sqft
  • Sunrise Plaza 1 - Reston
    12355 Sunrise Valley Drive, Reston, VA 20191
    $18 - $25.5/Sqft/Year
    Property
    • Office
    Availability
    • 13 Spaces
    • 40,595 Sqft
  • Sunset Corporate Plaza I & II - Reston
    11107 Sunset Hills Road, Reston, VA 20190
    $29.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 29,160 Sqft

Reston, VA Economic Overview

Location Photo

Located within the Washington, DC metropolitan area, Reston is an internationally known planned community and census-designated place in Fairfax County of Northern Virginia, founded in 1964. Reston is home to 60,112 residents and originally built to revolutionize post-World War II concepts of land use in suburban America. Reston has since grown into a large edge city, giving rise to a high-density core. In 2012, Reston was ranked 7th in the Best Place to live in America, according to CNNMoney Magazine. Reston commercial real estate has swiftly expanded under the careful planning and zoning that occurred under the New Town “guiding principles" and include its historical five village centers and one town center.

Reston is home to a large market for professional, scientific, and technical services including most jobs found in management, business, science, sales, office, and service, as well as education. Reston currently employs over 35,000 people in over 700 companies in the area. The median household income in Reston is well above the national average over $110,000 per year. Reston straddles the Dulles Technology Corridor and is home to the United States Geological Survey, the National Wildlife Federation, as well as an office for the Google Federal Service. Reston also has a sizeable venture capital (VC) market, hosting five of the 20 largest VC firms in the DC area with over $6.9 billion under management.

Reston, VA Commercial Real Estate Market

The Fairfax County commercial real estate market has remained highly competitive with low vacancy rates, increased office construction, and positive leasing activity in 2016. The major submarkets in the Fairfax County area include Tysons Corner, Reston and Chantilly, totaling over 116.7 million square feet of office space. Some of the top office lease deals in 2016 included deals with Boeing Satellite Systems and Wells Fargo. Reston plays a critical role in the Fairfax commercial market, hosting many professional services and tech firms in the area. Reston ranks 2nd only to Tysons Corner based on total inventory of office space, at roughly 20 million square feet, and one of the lowest vacancy rates in the Fairfax County.

Reston Town Center is a mixed-use, “downtown for the 21st century" development featuring offices, retail stores, and restaurants owned and managed primarily by Boston Properties. The Reston Town Center includes the Reston downtown core which has more than 50 retail shops and 35 restaurants, a 13-screen cinema, and a Hyatt Regency Hotel. The center’s hub features the 20-foot Mercury Fountain designed by the sculptor Saint Clair Cemin and the Pavilion hosts festivals throughout the year. Reston Town Center opened in 1990 and, since its most recent phase of construction in 2009, has developed into a location for businesses and residences. Among brand name companies who now have offices at Reston Town Center include Google and Rolls-Royce North America.

Reston, VA Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Reston, VA Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Reston, VA Commercial Inventory Breakdown

Office Spaces

Total: 20,251,578 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 2,575,000 SF / 12.72% of total office
  • 100k to 500k SF: 16,271,024 SF / 80.34% of total office
  • 500k to 1M SF: 1,405,554 SF / 6.94% of total office

By class:

  • Class A: 11,320,975 SF / 55.9% of total office
  • Class B: 5,776,015 SF / 28.52% of total office
  • Class C: 315,000 SF / 1.56% of total office

Employment in Reston, VA

Employment

Employment in the Reston and general Washington DC metro area is primarily made up of professional and business services, as well as jobs in both government and education. The Fairfax County area in particular has enjoyed a relatively low and stable unemployment rate of 3-4% for the past decade, now falling to 2.8% which is well below the national average.

According to the BLS, the industries in the Washington, DC metro area with the highest employment numbers include:

  • Professional and business services – currently employs 750,300, growing at 1.7%/year;
  • Education and health services—currently employs 448,200, growing at 1.8%/year;
  • Trade, transportation, and utilities—currently employs 404,800, growing at 1.1%/year.

Education in Reston, VA

As part of the Fairfax County, Reston is served by the Fairfax County Public Schools and a number of private schools. Reston has several higher education resources, including a satellite campus of Northern Virginia Community College, the University of Phoenix – Northern Virginia campus, and Marymount University – Reston Center.

Additionally, Reston hosts the United States Geological Survey Library, which is open to the public and contains over three million items. These include 1.7 million books and journals, 700,000 maps, and 260,000 black-and-white photographs.

Commuting Time in Reston, VA

Employees in Reston have a longer average commute time of 26.4 minutes than the national average of 24.8 minutes. Only 7% of Reston commuters use public transit.

Traffic is most congested in the Washington DC area along the Interstate 495, commonly referred to as the Capital Beltway. I-495 wraps around Washington D.C. and runs through Fairfax County, other portions of Northern Virginia, and Maryland.

Reston, itself, is not serviced by the Fairfax County metrobus, but does have a stop on the Metrorail stations. Others are located at West Falls Church, Merrifield/Dunn Loring, Vienna/Fairfax/GMU, Huntington, Franconia/Springfield, McLean, Spring Hill, Tysons Corner, Greensboro, and Wiehle-Reston East.

Reston Demographics

Population

  • Total Population60,112
  • Male Population(48.0 %) 28,847
  • Female Population(52.0 %) 31,265
  • Median Age38.80

Income/Financial

  • Average Household Income$139,548
  • Median Household Income$110,401
  • Median Income Under 25$61,271
  • Median Income 25-44$110,360
  • Median Income 45-64$130,934
  • Median Income Over 65$80,529

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CommercialCafé is your first and only stop when it comes to commercial real estate leasings in Reston, VA. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 3217 square feet and 178698 square feet. Discover the right property from our 126 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.