Washington D.C Office Space

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
56
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
5,830
As of: September 29, 2016

Washington D.C Rates

Most listings are in the $50's per square foot per year. The Washington D.C submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Washington D.C. market, the Washington D.C region has greater 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, 63 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available leases in the Washington D.C are subleases, so you will probably have to consider a longer term lease. 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 5,630 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 10 stories. Most buildings in this region were built in 1976 and are Class A.

Washington D.C Community

Washington D.C Submarkets