On average, listings lease in the $30's per square foot per year. The Oxon Hill-Glassmanor submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year.
Compared to the rest of the Washington D.C. market, the Oxon Hill-Glassmanor region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 890 sqft. Most buildings in this area are around 10 stories. Most buildings in this area were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Oxon Hill-Glassmanor occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.