On average, listings lease in the $20's per square foot per year. The Washington submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 14613 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available space in the Washington are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 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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