Commercial Real Estate Market in Mc Lean, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
182 active listings and 877 off-market properties in Mc Lean, VA. Commercial property asks $409/SF to buy and $33.33/SF/Yr to lease.
Market Trends
Mc Lean, VA spans 25.4 square miles in Loudoun County, Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mc Lean, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Mc Lean, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Mc Lean, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Mc Lean, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Mc Lean, VA has 59,157 residents in 25,590 households. Density runs 2,328 people per square mile. Median household income here is $204,893 and median gross rent $2,968 a month.
Tools
Lease vs Buy Breakeven
At $33.33/SF/Yr lease vs $409/SF buy → buying wins if held > 2.1 years.
At a 8.2% 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 | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Vienna | $392 | $25.85 |
| McLean | $409 | $33.33 |
| Falls Church | $330 | $25.00 |
Commercial property in Mc Lean, VA asks $409/SF. The 3 bordering markets run from $330/SF in Falls Church to $409/SF in McLean, and the city sits above their $392/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Mc Lean?
How much does it cost to lease commercial space in Mc Lean?
Is it cheaper to lease or buy commercial space in Mc Lean?
How does Mc Lean compare to nearby markets on price?
Where does Realmo's Mc Lean market data come from?
Methodology & data sources
- Asking prices and medians
- There are 110 active for-sale and 72 active for-lease listings in Mc Lean, VA. The medians are based on 82 of the for-sale and 15 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
