The typical asking rate per listing is in the $20's per square foot per year. The South Old Courthouse region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been made available, which means office spaces most likley are 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.
The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1986 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the occupants of South Old Courthouse work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.