Georgia Avenue Retail

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Georgia Avenue

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
4,690
As of: February 19, 2017

Georgia Avenue Rates

On average, listings lease in the $10's per square foot per year. The Georgia Avenue submarket is going through a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.

Georgia Avenue Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces most likley are 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,690 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1910 and are Class A.

Georgia Avenue Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the folk of Georgia Avenue work from home. Commuting between 20 and 25 minutes 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 Georgia Avenue.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Georgia Avenue.
Research