Newington Industrial

Newington

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
16,190
As of: January 23, 2017

Newington Rates

On average, listings lease in the $20's per square foot per year. The Newington submarket is going through a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Washington D.C. market, the Newington submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Newington Listing Supply

In the last 90 days, 7 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 16,190 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 1982 and are Class B.

Newington Community

Market Report

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

Market Data

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