Most listings are in the $50's per square foot per year. The Bethesda region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Washington D.C. Area market, the Bethesda submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 132 listings have been made available, so you'll want to check back regularly for new listings. About 17% of the office spaces in the Bethesda are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most properties in this area are approximately 10 stories. Most buildings in this market were built in 1980 and are Class A.
Real time and historical data on commercial real estate listings in Bethesda.
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