Highlights
- The average rent for office space in Falls Church is $31.04 per square foot, 1.56% higher compared to the previous year.
- The market’s vacancy rate stands at 21.37%, higher than the state average of Virginia, which is 16.76%.
- Renting Class A/A+ office space here costs $29.94 per square foot, while Class B averages $32.92 and Class C stands at $24.00.
2025 Office Space Rent & Sales
- $31.04 2025 Avg. Asking Rent
- 1.56% Y-o-Y Avg. Asking Rent Change
- 21.37% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Falls Church?
Average asking rents for office space here stand at $31.04 per square foot. The local office market recorded an average vacancy rate of 21.37% in 2025, unchanged from 21.37% in 2024.
Falls Church, VA Office Asking Rents by Class
What is the average office rent per square foot by property class in Falls Church?
- Avg. Asking Rent Class A & A+$29.94
- Avg. Asking Rent Class B$32.92
- Avg. Asking Rent Class C$24.00
The average asking rent for Class A and A+ office space stood at $29.94 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Falls Church averaged $32.92 per square foot, while the average for Class C space was $24.00 per square foot.
What is the average office rent per square foot by property class in VA?
- Avg. Asking Rent Class A & A+$35.10
- Avg. Asking Rent Class B$27.59
- Avg. Asking Rent Class C$19.12
For comparison, the average rent for Class A and A+ office space in Virginia was $35.10 per square foot. The state-wide average for Class B space was $27.59 per square foot, and Class C office spaces averaged $19.12 per square foot.
Falls Church, VA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Tysons Corner | $35.74 | 21.06% |
| I-395 Corridor | $33.33 | 32.81% |
| Merrifield | $31.84 | 23.05% |
| Annandale | $30.61 | 21.44% |
| Falls Church | $24.00 | 7.44% |
What are the largest recent office completions in Falls Church?
The largest recent office completion here is One Skyline Tower at 460,000 square feet, completed in 1988. The next largest completions are Seven Skyline Place and Fairview Park North - 2941 Fairview Park Drive.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Seven Skyline Place | 5275 Leesburg Pike, 22041 | 398,139 | 2001 |
| Fairview Park North - 2941 Fairview Park Drive | 2941 Fairview Park Drive, 22042 | 361,970 | 2000 |
| 3190 Fairview Park Drive | 3190 Fairview Park Drive, 22042 | 228,657 | 1990 |
| One Skyline Tower | 5107 Leesburg Pike, 22041 | 460,000 | 1988 |
| George Mason Square | 101, 103 & 105 W Broad St, 22046 | 87,715 | 1987 |
| 124 E Broad St Ste C2 | 124 E Broad St Ste C2, 22046 | 1,100 | 1987 |
| Fairview Park - 3110 Fairview Park Drive | 3110 Fairview Park Drive, 22042 | 254,490 | 1986 |
| Fairview Park - 3160 Fairview Park Drive | 3160 Fairview Park Drive, 22042 | 116,000 | 1986 |
| Gateway Plaza | 500 North Washington Street, 22046 | 64,313 | 1984 |
| 8500 Executive Park Avenue | 8500 Executive Park Avenue, 22031 | 56,070 | 1984 |
See reports for other markets
- Richmond Office Rent Price
- Virginia Beach Office Rent Price
- Arlington Office Rent Price
- Henrico Office Rent Price
- Alexandria Office Rent Price
- Fredericksburg Office Rent Price
- Fairfax Office Rent Price
- Glen Allen Office Rent Price
- Norfolk Office Rent Price
- Chesapeake Office Rent Price
- Herndon Office Rent Price
- Chantilly Office Rent Price
- McLean Office Rent Price
- Vienna Office Rent Price
- Reston Office Rent Price
- Sterling Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.