Watergate Retail

Watergate

Office Space Market Report

Number of Listings (last 90 days)
29
Median Size (sqft)
90
As of: February 26, 2017

Watergate Rates

The typical asking rate per listing is in the $0's per square foot per year. The Watergate submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $62 per sqft per year. That's a 100% decrease in rent.

Watergate Listing Supply

In the last 90 days, 29 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Watergate are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 90 sqft. Most buildings in this market are approximately 16 stories. Most buildings in this region were built in 1985 and are Class A.

Watergate Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Watergate folk. Commuting approximately 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 Watergate.
Market Report

Market Data

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