1327 Waterfront St$58.86 – $71.65/SF/yr FS
Springfield Submarket — Washington DC
Springfield submarket of Washington DC: 4 tracked properties, 1,406,400 SF of inventory and 890,700 SF available.
4Listings
890,700 SFAvailable space
1,406,400 SFTotal inventory
$53.51/SFAvg asking rent
886,800 SFMedian suite
Pinnacle Exchange$57.56 – $70.07/SF/yr FS
Meridian Landing$24.41 – $29.71/SF/yr FS
2036 Chain Bridge Rd$52.25 – $63.60/SF/yr FS
4 commercial properties are tracked in the Springfield submarket, representing 1,406,400 SF of rentable building area, of which 890,700 SF is currently marketed as available.
Asking rents average $53.51 per square foot per year, the median marketed suite is 886,800 SF, and listings have been on market a median of 456 days.
The stock splits 2 Class A, 1 Class B, 1 Class C, with construction dates from 1928 to 1994 (median 1990).
Other Washington DC submarkets
AlexandriaBethesdaCBDCapitol HillCrystal CityEast EndGeorgetownHyattsvilleMidtown Center - East TowerNational HarborNoMaRosslyn-BallstonSilver SpringTysons Corner
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Frequently asked questions
What is the average asking rent for commercial space in Springfield, VA?
Across the 4 commercial listings published in Springfield, VA, asking rents average $53.51 per square foot per year, quoted on a FS basis.
How much commercial space is available in Springfield, VA?
890,700 SF is currently marketed across 2 buildings, out of 1,406,400 SF of total inventory.
What is the commercial vacancy rate in the Washington DC market?
The Washington DC commercial market is running 19.6% vacancy with year-over-year asking rent growth of 0.8%.
Which submarkets have the most commercial space in Springfield, VA?
Springfield (4 properties).
What cap rates are commercial assets trading at in Springfield, VA?
Listed commercial assets in Springfield, VA show an average asking cap rate of 7.82%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Springfield, VA?
Trinity Commercial Group (1 listing), Northgate Commercial (1 listing). See the full Springfield, VA broker directory.
How do I list a commercial property in Springfield, VA?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.