Downtown Fredericksburg Office Space

Downtown Fredericksburg's Sub Markets

Downtown Fredericksburg

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,000

Downtown Fredericksburg Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Fredericksburg submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Washington D.C. market, the Downtown Fredericksburg region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Downtown Fredericksburg Listing Supply

In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Downtown Fredericksburg 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.

Even though the median size is 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1889 and are Class B.

Downtown Fredericksburg Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Fredericksburg occupants. Commuting between 30 and 45 minutes 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 Downtown Fredericksburg.
Research