St. Charles Office Space

St. Charles

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,250
As of: June 25, 2017

St. Charles Rates

Most listings are in the $20's per square foot per year. The St. Charles region is going through a a rise in rates. In the last 3 months, the median rate went up $23 per sqft per year.

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

St. Charles Listing Supply

In the last 90 days, 9 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 78% of the listings in the St. Charles 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,250 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 1986 and are Class B.

St. Charles Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst St. Charles folk. 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 St. Charles.
Market Report

Market Data

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

Waldorf Submarkets