2020 Office Space Rent & Sales
- $28.43 2020 Avg. Asking Rent
- 7.10 % Y-o-Y Avg. Asking Rent Change
- 20.96 % 2020 Office Vacancy Rate
Annandale office price per square foot in 2020 was $28.43 on average. This marked a +7.10 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.96 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Annandale Class A Office Space$31.50
- Annandale Class B Office Space$25.99
- Virginia Class A Office Space$35.90
- Virginia Class B Office Space$25.14
- Virginia Class C Office Space$20.93
Annandale, VA Office Asking Rents by Class
2020 Office Construction in Annandale, VA
|Evergreen Office Condominiums||7002 Little River Turnpike, 22003||64,584||1988|
|7010 Little River Turnpike||7010 Little River Turnpike, 22003||64,427||1988|
|Merrion Centre||4200 Evergreen Lane, 22003||53,491||1988|
|Annandale Office Center||6715 Little River Turnpike, 22003||50,621||1986|
|Annandale Square||4308 Evergreen Lane, 22003||49,124||1986|
|4115 Annandale Road||4115 Annandale Road, 22003||38,512||1986|
|Merrion Square||7345 McWhorter Place, 22003||32,412||1985|
|Woodburn Medical Park I & II||3289 Woodburn Road, 22003||180,324||1984|
|Fairfax Medical Condominium||3301 Woodburn Road, 22003||45,000||1982|
|Bristow Center||4302 Evergreen Lane, 22003||34,020||1982|
Worth noting among recent office completions on the Annandale market is Evergreen Office Condominiums, which is currently the largest new office development in the city, at 64,584 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Annandale 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.