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.
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.
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.