Washington D.C Retail

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
89
Median Rate ($/sqft/yr)
$62
Median Size (sqft)
5,700
As of: February 20, 2017

Washington D.C Rates

On average, listings lease in the $60's per square foot per year. The Washington D.C region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 11% decrease in rent.

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

Washington D.C Listing Supply

In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Washington D.C are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,700 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 10 stories. Most buildings in this region were built in 1976 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