On average, listings lease in the $40's per square foot per year. The Bethesda submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 24% decline in rent.
Compared to the rest of the Washington D.C. market, the Bethesda submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 20 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the Bethesda are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,520 sqft. Most buildings in this market are close to 10 floors. Most buildings in this area were built in 1976 and are Class A.