On average, listings lease in the $70's per square foot per year. The Dupont Circle submarket is going through a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 23 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 96% of the office spaces in the Dupont Circle 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 5,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 10 floors. Most buildings in this market were built in 1970 and are Class A.
This market is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Dupont Circle occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.