Washington D.C Office Space

1638 R St NW Floor 2
Dupont Circle, Washington,

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
89
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
4,000
As of: August 19, 2017

Washington D.C Rates

The typical asking rate per listing is in the $50's per square foot per year. The Washington D.C region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Washington D.C. market, the Washington D.C submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Washington D.C Listing Supply

In the last 90 days, 89 listings have come on the market, so you'll want to check back regularly for new listings. About 66% of the listings in the Washington D.C are subleases, so you might be able to snag a great spot on a short term. 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 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 10 floors. Most buildings in this region were built in 1973 and are Class A.

Washington D.C Community

Market Report

Trends and status of the commercial real estate market in Washington D.C.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington D.C.
Research

Washington D.C Submarkets