Damascus Retail

Damascus

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,580
As of: June 24, 2017

Damascus Rates

On average, listings lease in the $10's per square foot per year. The Damascus submarket is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Washington D.C. market, the Damascus submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Damascus Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the listings in the Damascus 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 3,580 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area were built in 1964 and are Class B.

Damascus Community

Market Report

Trends and status of the commercial real estate market in Damascus.
Market Report

Market Data

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