Greenbelt Office Space

Greenbelt

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,000
As of: August 17, 2017

Greenbelt Rates

On average, listings lease in the $10's per square foot per year. The Greenbelt submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 48% decrease in rent.

Compared to the rest of the Washington D.C. market, the Greenbelt region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Greenbelt Listing Supply

In the last 90 days, 10 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Greenbelt 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this area are around 8 stories. Most buildings in this market were built in 1986 and are Class A.

Greenbelt Community

Market Report

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

Market Data

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