On average, listings lease in the $30's per square foot per year. The Potomac region is going through a a rise in rates. In the last 3 months, the median rate went up $39 per sqft per year.
Compared to the rest of the Washington D.C. Area market, the Potomac submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 16 listings have been posted online, which means leases 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,610 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1985 and are Class A.
Real time and historical data on commercial real estate listings in Potomac.
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