On average, listings lease in the $30's per square foot per year. The Lake Arbor submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $33 per sqft per year.
Compared to the rest of the Washington D.C. market, the Lake Arbor region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 13 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 46% of the office spaces in the Lake Arbor 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.
The standard measurement for office space in this area is around 1,940 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1987 and are Class A.