Potomac West Office Space

Potomac West

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,980
As of: July 22, 2017

Potomac West Rates

The typical asking rate per listing is in the $40's per square foot per year. The Potomac West submarket is going through a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 36% decrease in rent.

Compared to the rest of the Washington D.C. market, the Potomac West submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Potomac West Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 75% of the office spaces in the Potomac West are subleases, so you might be able to snag a great spot on a short term. 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 1,980 sqft. Most buildings in this area are close to 12 stories. Most buildings in this market were built in 1979 and are Class B.

Potomac West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Potomac West occupants. 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 Potomac West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Potomac West.
Research