Most listings are in the $30's per square foot per year. The Southwest Quadrant submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Washington D.C. Area market, the Southwest Quadrant region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 15 listings have come on the market, which means listings might be going fast. 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.
Even though the median size is 2,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Southwest Quadrant occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southwest Quadrant.
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