Annandale, VA
Commercial Real Estate Market Trends & Data

$363 Avg asking sale price
$32 Avg asking lease rate
12,695 SF Avg unit lease size
7,619 SF Avg building size for sale
6.08% Average cap rate

Annandale's Demographic Profile

Annandale has 13,481 households and a median income of $112,500, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 42,332
# Households 13,481
Median age 40
Median household income $112,500
Avg household size 3.0
Renter-occupied housing units 5,304
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Annandale, VA

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Annandale $295 4,242 SF 7.71%
Falls Church $381 4,197 SF 6.69%
Nearby Retail Markets Avg Cost/SF Typical Size
Annandale $514 4,082 SF
Merrifield $853 4,918 SF
Falls Church $602 7,738 SF

Commercial Properties For Sale in Annandale

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7311 Little River Tpke

Annandale, VA 22003

  • 6,000 SF Retail Building
  • $349,000
For Sale

4200 Evergreen Ln

Annandale, VA 22003

  • 19,782 SF Office Building
  • $795,000
For Sale

5528-A HEMPSTEAD WAY #24G

Springfield, VA 22151

  • 85,227 SF Office Building
  • $349,990
For Sale

Springdale Professional Center 2

Annandale, VA 22003

  • 2,000 SF Office Building
  • $312,500
For Sale

West Annandale Building

Annandale, VA 22003

  • 65,000 SF Office Building
  • $375,000
For Sale

Evergreen Office Condominiums

Annandale, VA 22003

  • 17,400 SF Office Building
  • $450,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Land Entitlement
Land Entitlement
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Land Loan Calculator
Land Loan Calculator
Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.
Multifamily Financing Options & Rates
Multifamily Financing Options & Rates
A comprehensive overview of multifamily loan programs, current market rates, and essential requirements for successful financing in today's market
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What are Reciprocal Easement Agreements in CRE?
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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Annandale pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Annandale $363 7,619 SF
North Springfield $309 9,906 SF
Merrifield $997 16,186 SF
Falls Church $434 5,448 SF
Dunn Loring $301 25,573 SF

Regional Demographic Comparison

This comparison places Annandale alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Annandale or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Annandale 42,332 13,481 40 $112,500 3 5,304 -2%
Merrifield 19,707 8,607 36 $135,894 2 5,664 -2%
Dunn Loring 8,941 2,861 43 $225,700 3 468 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Annandale, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Annandale

View All Commercial Real Estate For Sale in Annandale
Is Annandale a good market for a first-time commercial real estate investor?

Annandale offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Annandale?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Annandale. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Annandale?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Annandale. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Annandale compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Annandale. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Annandale acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Annandale, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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