Most listings are in the $20's per square foot per year. The Chillum submarket is going through a a rise in rates. In the last 3 months, the median rate rose $27 per sqft per year.
Compared to the rest of the Washington D.C. Area market, the Chillum submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,410 sqft. Most buildings in this market were built in 1986 and are Class C.
Real time and historical data on commercial real estate listings in Chillum.
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