On average, listings lease in the $40's per square foot per year. The Crystal City Shops submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Washington D.C. market, the Crystal City Shops region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 358 listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the available space in the Crystal City Shops are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 21,880 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 12 stories. Most buildings in this area were built in 1981 and are Class A.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Crystal City Shops residents. Commuting approximately 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 Crystal City Shops.
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