Lake Ridge Industrial Space

Lake Ridge

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,000

Lake Ridge Rates

On average, listings lease in the $20's per square foot per year. The Lake Ridge region is going through a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% rise in rent.

Compared to the rest of the Washington D.C. Area market, the Lake Ridge region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Lake Ridge Listing Supply

In the last 90 days, 25 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the available space in the Lake Ridge are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,000 sqft. Most buildings in this region were built in 2001 and are Class B.

Lake Ridge Community

Market Data

Real time and historical data on commercial real estate listings in Lake Ridge.
Research