On average, listings lease in the $20's per square foot per year. The South Old Courthouse submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Washington D.C. market, the South Old Courthouse region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,120 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1985 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the folk of South Old Courthouse work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.