Downtown Alexandria Office Space

Downtown Alexandria

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown Alexandria Rates

Most listings are in the $30's per square foot per year. The Downtown Alexandria submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Washington D.C. market, the Downtown Alexandria region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Alexandria Listing Supply

In the last 90 days, 28 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,210 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1985 and are Class B.

Downtown Alexandria Community

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 region. Commute by walking is the most popular way to get to work amongst Downtown Alexandria residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.