Franconia Office Space

Franconia

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,000
As of: June 26, 2017

Franconia Rates

On average, listings lease in the $20's per square foot per year. The Franconia region is seeing a a rise in rates. In the last 3 months, the median rate went up $25 per sqft per year.

Compared to the rest of the Washington D.C. market, the Franconia submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Franconia Listing Supply

In the last 90 days, 1 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 900% of the office spaces in the Franconia 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1997 and are Class A.

Franconia Community

Market Report

Trends and status of the commercial real estate market in Franconia.
Market Report

Market Data

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