Most listings are in the $40's per square foot per year. The Downtown Alexandria region is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Washington D.C. market, the Downtown Alexandria region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 76 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Downtown Alexandria are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,840 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this region were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Alexandria residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.