On average, listings lease in the $20's per square foot per year. The Wheaton submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Washington D.C. market, the Wheaton submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 8 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1986 and are Class B.
Real time and historical data on commercial real estate listings in Wheaton.
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