Newington Office Space

Newington

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
31,570
As of: December 10, 2016

Newington Rates

On average, listings lease in the $20's per square foot per year. The Newington submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

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

Newington Listing Supply

In the last 90 days, 5 listings have come on the market, which means leases might be leasing quickly. 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.

Even though the median size is 31,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this area were built in 1982 and are Class B.

Newington Community

Market Report

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

Market Data

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