South Old Courthouse Office Space

South Old Courthouse

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,230
As of: July 21, 2017

South Old Courthouse Rates

Most listings are in the $30's per square foot per year. The South Old Courthouse region is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

South Old Courthouse Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available space in the South Old Courthouse 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,230 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1985 and are Class B.

South Old Courthouse Community

This area is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Most of the folk of South Old Courthouse work from home. Commuting around 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 South Old Courthouse.
Market Report

Market Data

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