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 rose $42 per sqft per year.
Compared to the rest of the Washington D.C. market, the Downtown Alexandria submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 108% of the office spaces in the Downtown Alexandria 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.
The standard measurement for office space in this area is around 2,420 sqft. Most buildings in this area are around 4 stories. Most buildings in this market were built in 1979 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 region. 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.