Compared to the rest of the Washington D.C. market, the Del Ray region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 17 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the listings in the Del Ray 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 1,980 sqft. Most buildings in this market are around 12 stories. Most buildings in this region were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Del Ray folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Del Ray.
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