On average, listings lease in the $30's per square foot per year. The McNair submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the Washington D.C. market, the McNair submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been made available, which means new listings are probably going fast. 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.
Even though the median size is 45,880 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 5 stories. Most buildings in this area were built in 1999 and are Class A.