The typical asking rate per listing is in the $20's per square foot per year. The Ballenger Creek submarket is going through a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 64% rise in rent.
Compared to the rest of the Washington D.C. market, the Ballenger Creek region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 33 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 85% of the available space in the Ballenger Creek are subleases, so you might be able to find a shorter term or below market rent. 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 3,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1996 and are Class A.