On average, listings lease in the $20's per square foot per year. The Franconia region is going through a decrease in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 47% decline in rent.
Compared to the rest of the Washington D.C. market, the Franconia region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have come on the market, which means new availabilities are probably 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,060 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1997 and are Class A.