Northwest Old Courthouse Office Space

Northwest Old Courthouse

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,410
As of: March 12, 2017

Northwest Old Courthouse Rates

Most listings are in the $30's per square foot per year. The Northwest Old Courthouse submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.

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

Northwest Old Courthouse Listing Supply

In the last 90 days, 9 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,410 sqft. Most properties in this market are close to 8 floors. Most buildings in this market were built in 1983 and are Class B.

Northwest Old Courthouse Community

Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Northwest Old Courthouse folk. 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 Northwest Old Courthouse.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Old Courthouse.
Research