Radnor - Fort Myer Heights Office Space

Radnor - Fort Myer Heights

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$62
Median Size (sqft)
19,100
As of: March 12, 2017

Radnor - Fort Myer Heights Rates

On average, listings lease in the $60's per square foot per year. The Radnor - Fort Myer Heights submarket is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 12% rise in rent.

Compared to the rest of the Washington D.C. market, the Radnor - Fort Myer Heights submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Radnor - Fort Myer Heights Listing Supply

In the last 90 days, 24 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 19,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 13 stories. Most buildings in this area were built in 1981 and are Class A.

Radnor - Fort Myer Heights 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 Radnor - Fort Myer Heights occupants. Commuting around 20 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 Radnor - Fort Myer Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Radnor - Fort Myer Heights.
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