The typical asking rate per listing is in the $30's per square foot per year. The Alexandria region is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the Washington D.C. market, the Alexandria submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 613 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available space in the Alexandria are subleases, so you will probably have to consider a longer term lease. 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 2,240 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in Alexandria.
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