Potomac West Office Space

Potomac West

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
590
As of: June 26, 2017

Potomac West Rates

Most listings are in the $60's per square foot per year. The Potomac West region is seeing a an increase in rates. In the last 3 months, the median rate rose $66 per sqft per year.

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

Potomac West Listing Supply

In the last 90 days, 4 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 125% of the available leases in the Potomac West are subleases, so you might be able to find a shorter term or below market rent. 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 590 sqft. Most properties in this market are approximately 12 floors. 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 folk. 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