Germantown Retail

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Germantown

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,000
As of: December 5, 2016

Germantown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Germantown region is seeing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.

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

Germantown Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the office spaces in the Germantown 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 2002 and are Class B.

Germantown Community

Market Report

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

Market Data

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