The typical asking rate per listing is in the $20's per square foot per year. The Chillum region is seeing a a rise in rates. In the last 3 months, the median rate went up $27 per sqft per year.
Compared to the rest of the Washington D.C. market, the Chillum region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 measurement for office space in this area is around 1,410 sqft. Most buildings in this region were built in 1986 and are Class C.
Real time and historical data on commercial real estate listings in Chillum.
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