Washington D.C. Area Office Space

222 Catoctin Cir SE - 6 Spaces Leesburg, VA  
Oct 23
110 - 350
sqft
Office Retail
Monument III - 3 Spaces Herndon, VA lease term negotiable
Oct 23
17,200 - 28,930
sqft
Office

Washington D.C. Area

Market Report

Number of Listings
Posted in the last 90 days
1033
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,880

Washington D.C. Area Rates

The typical asking rate per listing is in the $30's per square foot per year. The Washington D.C. Area region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decline in rent.

Washington D.C. Area Listing Supply

In the last 90 days, 12291 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available leases in the Washington D.C. Area are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,950 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1986 and are Class A.

Washington D.C. Area Community

Market Data

Real time and historical data on commercial real estate listings in Washington D.C. Area.
Research