Commercial Real Estate Market in Chantilly, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
80 active listings and 1,378 off-market properties in Chantilly, VA. Commercial property asks $523/SF to buy and $23.94/SF/Yr to lease.
Market Trends
Chantilly, VA spans 29.2 square miles in Fairfax County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chantilly, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Chantilly, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Chantilly, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Chantilly, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Chantilly, VA has 59,666 residents in 18,093 households. Density runs 2,045 people per square mile. Median household income here is $173,180 and median gross rent $2,622 a month.
59,666
Population
18,093
Households
3.3
Avg Household Size
36
Median Age
63%
College-Educated
93%
High-School Grad
29.2 sq mi
ZIP Area
2,045
Density / Sq Mi
$173,180
Median Household Income
$79,981
Median Earnings
$2,622
Median Rent
$685,241
Median Home Value
Tools
Lease vs Buy Breakeven
At $23.94/SF/Yr lease vs $523/SF buy → buying wins if held > 13.7 years.
At a 4.6% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oak Hill | — | — |
| Centreville | — | — |
| Herndon | — | $22.96 |
| South Riding | — | — |
Commercial property in Chantilly, VA asks $523/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chantilly?
Commercial property in Chantilly, VA asks an average of $523 per square foot. The 7 most recent recorded sales traded at a median of $336/SF, so asking sits 56% above the achieved median.
How much does it cost to lease commercial space in Chantilly?
Asking lease rates in Chantilly, VA average $23.94 per square foot per year.
Is it cheaper to lease or buy commercial space in Chantilly?
Buying beats leasing in Chantilly, VA if the property is held longer than 13.7 years, comparing $23.94/SF/Yr asking rent with $523/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Chantilly market data come from?
Realmo compiles Chantilly, VA figures from 7 recent recorded sales, 28 active sale listings, 52 active lease listings, 1,378 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 52 active for-lease listings in Chantilly, VA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
