Colonial Village Industrial

We couldn't find any industrial spaces for Lease and Sublease

Colonial Village

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,580
As of: July 25, 2017

Colonial Village Rates

The typical asking rate per listing is in the $50's per square foot per year. The Colonial Village region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Washington D.C. market, the Colonial Village region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Colonial Village Listing Supply

In the last 90 days, 12 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Colonial Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 8,150 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region were built in 1988 and are Class A.

Colonial Village Community

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 region. Commute by public transit is the most popular way to get to work amongst Colonial Village residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Colonial Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Colonial Village.
Research