Bluemont Office Space

Bluemont

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
18,870
As of: June 28, 2017

Bluemont Rates

On average, listings lease in the $60's per square foot per year. The Bluemont submarket is going through a a rise in rates. In the last 3 months, the median rate went up $67 per sqft per year.

Compared to the rest of the Washington D.C. market, the Bluemont region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Bluemont Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Bluemont are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 18,870 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 11 stories. Most buildings in this region were built in 1988 and are Class A.

Bluemont Community

A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Bluemont 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 Bluemont.
Market Report

Market Data

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