Most listings are in the $50's per square foot per year. The Downtown Alexandria region is experiencing a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Washington D.C. market, the Downtown Alexandria submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 50 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Downtown Alexandria are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Alexandria occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.