Connecticut Avenue - K Street Retail

Connecticut Avenue - K Street

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
3,840
As of: May 19, 2017

Connecticut Avenue - K Street Rates

Most listings are in the $70's per square foot per year. The Connecticut Avenue - K Street submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 8% decline in rent.

Connecticut Avenue - K Street Listing Supply

In the last 90 days, 22 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Connecticut Avenue - K Street are subleases, so you will probably have to focus your search on direct office leases. 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 3,840 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 11 floors. Most buildings in this region were built in 1971 and are Class A.

Connecticut Avenue - K Street Community

Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Connecticut Avenue - K Street folk. Commuting around 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 Connecticut Avenue - K Street.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Connecticut Avenue - K Street.
Research