The typical asking rate per listing is in the $20's per square foot per year. The Laurel submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Washington D.C. market, the Laurel submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 117 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available leases in the Laurel are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1988 and are Class B.
Real time and historical data on commercial real estate listings in Laurel.
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