Kensington Office Space

Kensington

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,620
As of: December 3, 2016

Kensington Rates

On average, listings lease in the $20's per square foot per year. The Kensington region is experiencing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 31% rise in rent.

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

Kensington Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,620 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1963 and are Class B.

Kensington Community

Market Report

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

Market Data

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