On average, listings lease in the $30's per square foot per year. The Alexandria West region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the Washington D.C. market, the Alexandria West region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 450% of the available space in the Alexandria West 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.
Even though the median size is 4,280 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 6 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the occupants of Alexandria West work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.