District of Columbia Municipality Retail

District of Columbia Municipality

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$65
Median Size (sqft)
4,210
As of: January 17, 2017

District of Columbia Municipality Rates

The typical asking rate per listing is in the $60's per square foot per year. The District of Columbia Municipality submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.

Compared to the rest of the Washington D.C. market, the District of Columbia Municipality region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

District of Columbia Municipality Listing Supply

In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the listings in the District of Columbia Municipality are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,210 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 10 stories. Most buildings in this region were built in 1976 and are Class A.

District of Columbia Municipality Community

Market Report

Trends and status of the commercial real estate market in District of Columbia Municipality.
Market Report

Market Data

Real time and historical data on commercial real estate listings in District of Columbia Municipality.
Research

District of Columbia Municipality Submarkets