Southwest Quadrant Office Space

Southwest Quadrant

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,700
As of: July 21, 2017

Southwest Quadrant Rates

On average, listings lease in the $30's per square foot per year. The Southwest Quadrant region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Washington D.C. market, the Southwest Quadrant submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Southwest Quadrant Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Southwest Quadrant 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1984 and are Class B.

Southwest Quadrant Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Southwest Quadrant occupants. Commuting approximately 30 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 Southwest Quadrant.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southwest Quadrant.
Research