Laurel Lakes Office Space

Laurel Lakes

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
6,430
As of: January 21, 2017

Laurel Lakes Rates

The typical asking rate per listing is in the $10's per square foot per year. The Laurel Lakes region is going through a a boost in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Washington D.C. market, the Laurel Lakes region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Laurel Lakes Listing Supply

In the last 90 days, 4 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Laurel Lakes are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,430 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1987 and are Class B.

Laurel Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Laurel Lakes occupants. Commuting approximately 30 minutes 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 Laurel Lakes.
Market Report

Market Data

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

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