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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Southern Gateway submarket is going through a a rise in rates. In the last 3 months, the median rate for lease rose $20 per sqft per year.
Compared to the rest of the Washington D.C. Area commercial real estate market, the Southern Gateway region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 26 commercial real estate listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the available commercial real estate leases in the Southern Gateway 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 on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 2,010 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built around 2005 and are Class A.
Real time and historical data on commercial real estate listings in Southern Gateway.
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