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.
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.
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.