The typical asking rate per listing is in the $50's per square foot per year. The Southeast Washington region is going through a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 5% increase in rent.
In the last 90 days, 6 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 21,340 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 9 stories. Most buildings in this area were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southeast Washington occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.