On average, listings lease in the $30's per square foot per year. The Alexandria submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Washington D.C. Area market, the Alexandria region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 613 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Alexandria are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in Alexandria.
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