Washington D.C Retail

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
89
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
3,300
As of: May 23, 2017

Washington D.C Rates

On average, listings lease in the $50's per square foot per year. The Washington D.C region is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Washington D.C. market, the Washington D.C submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Washington D.C Listing Supply

In the last 90 days, 89 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings in the Washington D.C are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 10 stories. Most buildings in this market were built in 1973 and are Class A.

Washington D.C Community

Market Report

Trends and status of the commercial real estate market in Washington D.C.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington D.C.
Research

Washington D.C Submarkets