On average, listings lease in the $30's per square foot per year. The Eisenhower East - Carlyle District region is seeing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 41% decline in rent.
Compared to the rest of the Washington D.C. market, the Eisenhower East - Carlyle District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have been made available, which means listings might be 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.
Even though the median size is 3,280 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this area were built in 1997 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Eisenhower East - Carlyle District 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.