Most listings are in the $20's per square foot per year. The Lake Arbor submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Washington D.C. market, the Lake Arbor submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 91 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Lake Arbor are subleases, so you might be able to snag a great spot on a short term. 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 1,400 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in Lake Arbor.
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