2020 Office Space Rent & Sales
- $26.53 2020 Avg. Asking Rent
- 2.55 % Y-o-Y Avg. Asking Rent Change
- 19.09 % 2020 Office Vacancy Rate
Stafford office price per square foot in 2020 was $26.53 on average. This marked a +2.55 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.09 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Stafford Class A Office Space$30.58
- Stafford Class B Office Space$24.88
- Virginia Class A Office Space$35.90
- Virginia Class B Office Space$25.14
- Virginia Class C Office Space$20.93
Stafford, VA Office Asking Rents by Class
2020 Office Construction in Stafford, VA
- Stafford, VA Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Stafford office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Quantico Corporate Center - 1010 Corporate Drive||1010 Corporate Drive, 22554||32,100||2019|
|Quantico Corporate Center - 400 Corporate Drive||400 Corporate Drive, 22554||39,600||2016|
|Doc Stone Medical Center||95 Dunn Drive, 22556||39,539||2014|
|450 Garrisonville Road||450 Garrisonville Road, 22554||42,528||2013|
|Quantico Corporate Center - 800 Corporate Drive||800 Corporate Drive, 22554||135,732||2012|
|North Stafford Center For Business and Technology - 105 Tech Pkwy||105 Tech Pkwy, 22556||105,000||2011|
|Quantico Corporate Center - 525 Corporate Drive||525 Corporate Drive, 22554||29,872||2011|
|200 Big Spring Lane||200 Big Spring Lane, 22554||297,647||2010|
|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|
Worth noting among recent office completions on the Stafford market is Quantico Corporate Center - 1010 Corporate Drive, which is currently the largest new office development in the city, at 32,100 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 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.