McNair Office Space

McNair

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
10,000
As of: December 2, 2016

McNair Rates

The typical asking rate per listing is in the $40's per square foot per year. The McNair region is experiencing a a rise in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 39% rise in rent.

Compared to the rest of the Washington D.C. market, the McNair submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

McNair Listing Supply

In the last 90 days, 10 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the McNair are subleases, so you will probably have to consider a longer term lease. 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 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 5 stories. Most buildings in this market were built in 1999 and are Class A.

McNair Community

Market Report

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

Market Data

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