Downtown Fredericksburg Office Space

Downtown Fredericksburg

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
490
As of: January 19, 2017

Downtown Fredericksburg Rates

Most listings are in the $30's per square foot per year. The Downtown Fredericksburg submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $14 per sqft per year. That's a 82% rise in rent.

Compared to the rest of the Washington D.C. market, the Downtown Fredericksburg region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Downtown Fredericksburg Listing Supply

In the last 90 days, 13 listings have come on the market, 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 490 sqft. Most properties in this market are approximately 4 stories. Most buildings in this market were built in 1914 and are Class B.

Downtown Fredericksburg Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Fredericksburg residents. 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 Downtown Fredericksburg.
Market Report

Market Data

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

Fredericksburg Submarkets