Most listings are in the $60's per square foot per year. The Washington D.C submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Washington D.C. market, the Washington D.C region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 74 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the available leases in the Washington D.C are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,840 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 10 floors. Most buildings in this region were built in 1976 and are Class A.