Compared to the rest of the Washington D.C. market, the North Central region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 9 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 189% of the office spaces in the North Central are subleases, so you might be able to sign a shorter term by taking over a previous 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 29,650 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 11 stories. Most buildings in this area were built in 1984 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Most of the occupants of North Central work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.