Sterling Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Sterling is $24.14 per square foot, 10.18% higher compared to the previous year.
  • The market’s vacancy rate stands at 5.26%, lower than the state average of Virginia, which is 16.76%.

2025 Office Space Rent & Sales

  • $24.14 2025 Avg. Asking Rent
  • 10.18% Y-o-Y Avg. Asking Rent Change
  • 5.26% 2025 Office Vacancy Rate
  • $67.9M2025 Total Office Sales
  • $164.69Avg. Sale Price/SF

What is the average asking rent price for office space in Sterling?

Average asking rents for office space here stand at $24.14 per square foot. The local office market recorded an average vacancy rate of 5.26% in 2025, unchanged from 5.26% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $67.9M across 4 sales. These transactions commanded an average sale price per square foot of $164.69.

Sterling, VA Office Asking Rents by Class

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.

Sterling, VA Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Sterling was Rt 28 Corridor North at 4.56%. Meanwhile, the highest office vacancy rate in the market was 7.77%, recorded in Rt 7 Corridor.
Submarket Asking Rents Vacancy Rates
Rt 7 Corridor $25.30 7.77%
Rt 28 Corridor North $22.26 4.56%
Data provided by Yardi Research

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2025 Office Sales Volume

  • $164.692025 Avg. Price per SF
  • -22.53%Y-o-Y Avg. PpSF Change
  • $67.9M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Sterling?

Average sale prices for office space in this market recorded a -22.53% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $164.69 per square foot. For comparison, the statewide Virginia average during the same time period stood at $148.92 per square foot, while the national average was $182.48 per square foot.

Sterling, VA Sale Price per SF Trend

  • Sterling Avg. Sale Price per SF in 2025$164.69
  • Virginia Avg. Sale Price per SF in 2025$148.92

What was the total office sales volume in Sterling in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $67.9M.

  • Sterling, VA Total Office Sales Volume in 2025 $67.9M
  • Sterling, VA Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

What are the largest recent office completions in Sterling?

The largest recent office completion here is Atlantic Corporate Park at 219,374 square feet, completed in 2007. The next largest completions are Sterling Park Business Center - 403 Glenn Drive and Lakeside @ Loudoun Tech Phase I.

Office building Address SF Completed
Retail space for lease with 31,000 VPD Visibility 45441 Ruritan Cir, 20164 6,087 2019
Atlantic Corporate Park 45600 Woodland Road, 20166 219,374 2007
46179 Westlake Dr #120 46179 Westlake Dr, 20165 6,742 2005
Broad Run Professional Building 22375 Broderick Drive, 20166 65,544 2001
21475 Ridgetop Circle 21475 Ridgetop Circle, 20166 45,678 2001
21165 Whitfield Pl Suite 202 Sterling VA 21165 Whitfield Place, 20165 1,321 2001
Lakeside @ Loudoun Tech Phase I 21351 Ridgetop Circle, 20166 100,000 1999
22451 Shaw Road 22451 Shaw Road, 20166 80,391 1999
Sterling Park Business Center - 403 Glenn Drive 403 Glenn Drive, 20164 104,241 1989
Shaw Road Business Park B 22960 Shaw Road, 20166 70,652 1989
Data provided by Yardi Research

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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.