On average, listings lease in the $20's per square foot per year. The Washington submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 14613 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Washington are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,090 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1984 and are Class A.
Real time and historical data on commercial real estate listings in Washington.
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