Franconia Office Space

Franconia

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
970
As of: August 17, 2017

Franconia Rates

On average, listings lease in the $20's per square foot per year. The Franconia region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

Franconia Listing Supply

In the last 90 days, 1 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 970 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area 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