The typical asking rate per listing is in the $30's per square foot per year. The Braddock Road Metro region is experiencing a a rise in rates. In the last 3 months, the median rate rose $33 per sqft per year.
Compared to the rest of the Washington D.C. market, the Braddock Road Metro submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Braddock Road Metro are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 13,460 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this area were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Braddock Road Metro folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.