Most listings are in the $30's per square foot per year. The Braddock Road Metro region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Washington D.C. market, the Braddock Road Metro region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,190 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this area were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Braddock Road Metro occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.