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)
4,380
As of: July 21, 2017

Washington D.C Rates

On average, listings lease in the $60's per square foot per year. The Washington D.C region is going through a a rise in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 26% rise 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 region.

Washington D.C Listing Supply

In the last 90 days, 89 listings have been listed, so you'll want to check back regularly for new listings. About 183% 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 10 stories. Most buildings in this market 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