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Northwest Washington Office Space For Lease

Northwest Washington

Market Report

Number of Listings For Lease
Posted in the last 90 days
119
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
790

Northwest Washington Commercial Real Estate

Find Northwest Washington commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Northwest Washington commercial real estate broker in Northwest Washington's Top Broker Directory. Learn about Northwest Washington commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northwest Washington Rates

The typical asking rate per commerial real estate listing leases is in the $70's per square foot per year. The Northwest Washington submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $10 per sqft per year.

Northwest Washington Listing Supply

In the last 90 days, 1124 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Northwest Washington are subleases, so you will probably have to consider a longer term 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.

The standard size for office space in this area is around 790 sqft. Most properties in this region are close to 10 floors. Most buildings in this area were built close to 1973 and are Class A.

Northwest Washington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Northwest Washington occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Northwest Washington.
Research