The typical asking rate per listing is in the $40's per square foot per year. The Downtown Alexandria region is seeing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 22% rise in rent.
Compared to the rest of the Washington D.C. market, the Downtown Alexandria submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 68 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Downtown Alexandria are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this area 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. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Alexandria occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.