Ballenger Creek Office Space

Ballenger Creek

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
3,000
As of: August 21, 2017

Ballenger Creek Rates

The typical asking rate per listing is in the $20's per square foot per year. The Ballenger Creek region is going through a an increase in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 64% increase in rent.

Compared to the rest of the Washington D.C. market, the Ballenger Creek region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Ballenger Creek Listing Supply

In the last 90 days, 33 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 79% of the available leases in the Ballenger Creek 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 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1996 and are Class A.

Ballenger Creek Community

Market Report

Trends and status of the commercial real estate market in Ballenger Creek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ballenger Creek.
Research