Sterling Park Industrial

Sterling Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Sterling Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Sterling Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 39% decrease in rent.

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

Sterling Park Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings 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 posted, so finding a space for a small business might be tough.

Even though the median size is 26,500 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1989 and are Class B.

Sterling Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Sterling Park occupants. Commuting close to an hour 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 Sterling Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sterling Park.

Sterling Submarkets