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)
3,870
As of: June 24, 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 going through a an increase in rates. In the last 3 months, the median rate increased $59 per sqft per year.

Compared to the rest of the Washington D.C. market, the Washington D.C region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

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 210% of the office spaces 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 10 stories. Most buildings in this region were built in 1972 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