Wheaton-Glenmont Retail

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Wheaton-Glenmont

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,500
As of: June 27, 2017

Wheaton-Glenmont Rates

On average, listings lease in the $20's per square foot per year. The Wheaton-Glenmont submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.

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

Wheaton-Glenmont Listing Supply

In the last 90 days, 0 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Wheaton-Glenmont are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this region are approximately 1 stories. Most buildings in this market were built in 1986 and are Class B.

Wheaton-Glenmont Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Wheaton-Glenmont occupants. Commuting between 30 and 45 minutes 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 Wheaton-Glenmont.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wheaton-Glenmont.
Research