Lake Ridge Retail Space

Lake Ridge

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,000

Lake Ridge Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Ridge submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 19% increase in rent.

Compared to the rest of the Washington D.C. Area market, the Lake Ridge region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Lake Ridge Listing Supply

In the last 90 days, 25 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the listings in the Lake Ridge are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,000 sqft. Most buildings in this market were built in 2001 and are Class B.

Lake Ridge Community

Market Data

Real time and historical data on commercial real estate listings in Lake Ridge.
Research