On average, listings lease in the $20's per square foot per year. The Huntington region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Washington D.C. Area market, the Huntington region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 26 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 19% of the available space in the Huntington are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,440 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market were built in 1985 and are Class B.
Real time and historical data on commercial real estate listings in Huntington.
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