Dupont Circle Office Space

Dupont Circle

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
4,690
As of: January 17, 2017

Dupont Circle Rates

The typical asking rate per listing is in the $70's per square foot per year. The Dupont Circle submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 19% rise in rent.

Dupont Circle Listing Supply

In the last 90 days, 20 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Dupont Circle are subleases, so you will probably have to consider a longer term lease. 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 4,690 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this market were built in 1970 and are Class A.

Dupont Circle Community

This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Dupont Circle residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Dupont Circle.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Dupont Circle.
Research