Commercial Properties for Lease in Arlington VA
Commercial properties for lease are in high demand in Arlington, Virginia. That shouldn’t come as any surprise to anyone familiar with the county and its thriving economy. From high tech sectors to government related jobs, and with some of the most popular restaurants and retailers in Washington Metro, Arlington is about jobs and that plays right into the need for commercial spaces.
With more than 225,000 residents and still growing, Arlington is located directly across the Potomac River from Washington DC. It is bordered by Fairfax County to the north and northwest, Falls Church to the west and Alexandria to the south. With all these important adjacent regions, Arlington is a prime residential and commercial hub, a fact even more apparent when all of the Metro rail lines and stations are considered.
Commercial Properties for Rent in Arlington
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There’s always the question of whether to buy or lease a commercial property in Arlington. And while purchasing has the advantages that come with investment properties, leasing can often make the most economic sense for a business—preserving upfront working capital and adding flexibility for future expansion or relocation options. Additionally, certain urban centers are very expensive when it comes to real estate for sale.
Among those thriving city locales is the Rosslyn-Ballston corridor, beginning at the Potomac River waterfront and traveling west through the Clarendon-Courthouse area, followed by Virginia Square and Ballston itself. Vacancies tend to be low here, and the cost on a per-square-foot basis can be high. But the volume of foot traffic makes this area a bonanza for shops and restaurants, and there it’s also a very popular locale for offices.
But commercial properties for lease in Arlington, Virginia don’t have to be located in a densely populated neighborhood to be attractive. There are dozens of neighborhoods throughout the county, both in Arlington North and Arlington South where storefronts, warehouses, medical buildings and more, are integral parts of the community fabric. Also worth mentioning is the Columbia Pike Revitalization Initiative, a program that is helping local businesses along Route 244, also known as the Columbia Pike and Arlington’s Main Street, to take root and prosper.