District of Columbia Municipality Office Space

1638 R St NW Floor 2
Dupont Circle, Washington,

District of Columbia Municipality

Office Space Market Report

Number of Listings (last 90 days)
90
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
3,870
As of: June 22, 2017

District of Columbia Municipality Rates

The typical asking rate per listing is in the $50's per square foot per year. The District of Columbia Municipality region is seeing 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 District of Columbia Municipality region has higher rates, and you'll need to pay a premium to be in this hot submarket.

District of Columbia Municipality Listing Supply

In the last 90 days, 90 listings have been posted online, so you'll want to check back regularly for new listings. About 194% of the office spaces in the District of Columbia Municipality are subleases, so you might be able to find a shorter term or below market rent. 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 3,840 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 10 stories. Most buildings in this market were built in 1972 and are Class A.

District of Columbia Municipality Community

Market Report

Trends and status of the commercial real estate market in District of Columbia Municipality.
Market Report

Market Data

Real time and historical data on commercial real estate listings in District of Columbia Municipality.
Research

District of Columbia Municipality Submarkets