The typical asking rate per listing is in the $30's per square foot per year. The Braddock Road Metro region is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Washington D.C. market, the Braddock Road Metro submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,970 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1965 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Braddock Road Metro occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.