Gateway North Office Space

Gateway North

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
13,970
As of: August 18, 2017

Gateway North Rates

The typical asking rate per listing is in the $30's per square foot per year. The Gateway North region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

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

Gateway North Listing Supply

In the last 90 days, 0 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Gateway North are subleases, so you might be able to find a shorter term or below market rent. 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 13,970 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this area were built in 2000 and are Class A.

Gateway North Community

Public administration is the dominant industry in this area. Most of the occupants of Gateway North work from home. Commuting more than an hour and a half 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 Gateway North.
Market Report

Market Data

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