On average, listings lease in the $40's per square foot per year. The Crystal City Shops submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $49 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Washington D.C. market, the Crystal City Shops region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 29% of the listings in the Crystal City Shops are subleases, so you might be able to find a shorter term or below market rent. 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 10,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 12 stories. Most buildings in this market were built in 1981 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Crystal City Shops occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.