On average, listings lease in the $60's per square foot per year. The Washington D.C submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Washington D.C. Area market, the Washington D.C region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1426 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Washington D.C are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 10 floors. Most buildings in this region were built in 1972 and are Class A.
Real time and historical data on commercial real estate listings in Washington D.C.
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