On average, listings lease in the $30's per square foot per year. The Alexandria West submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 19% decline in rent.
Compared to the rest of the Washington D.C. market, the Alexandria West submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 7,750 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Most of the folk of Alexandria West work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.