On average, listings lease in the $10's per square foot per year. The Greenbelt submarket is going through a decrease in rates. In the last 3 months, the median rate fell $18 per sqft per year. That's a 53% decline in rent.
Compared to the rest of the Washington D.C. market, the Greenbelt region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 118 listings have been posted online, so you'll want to check back regularly for new listings. 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 2,000 sqft. Most buildings in this region are around 8 floors. Most buildings in this region were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Greenbelt.
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