Port Royal Condominiums Office Space

Port Royal Condominiums

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
610
As of: May 19, 2017

Port Royal Condominiums Rates

The typical asking rate per listing is in the $30's per square foot per year. The Port Royal Condominiums region is going through a an increase in rates. In the last 3 months, the median rate rose $36 per sqft per year.

Compared to the rest of the Washington D.C. market, the Port Royal Condominiums submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Port Royal Condominiums Listing Supply

In the last 90 days, 0 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Port Royal Condominiums are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 610 sqft.

Port Royal Condominiums Community

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 walking is the most popular way to get to work amongst Port Royal Condominiums residents. Commuting between 30 and 45 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 Port Royal Condominiums.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Port Royal Condominiums.
Research