Laurel Lakes Industrial

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Laurel Lakes

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,470
As of: May 21, 2017

Laurel Lakes Rates

The typical asking rate per listing is in the $20's per square foot per year. The Laurel Lakes submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 31% rise in rent.

Compared to the rest of the Washington D.C. market, the Laurel Lakes region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Laurel Lakes Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,470 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1987 and are Class B.

Laurel Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Laurel Lakes folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Laurel Lakes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Laurel Lakes.
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Laurel Submarkets