On average, listings lease in the $50's per square foot per year. The Washington D.C region is experiencing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Washington D.C. market, the Washington D.C submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 89 listings have been made available, so you'll want to check back regularly for new listings. About 171% of the available space in the Washington D.C are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,380 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 10 stories. Most buildings in this market were built in 1973 and are Class A.