The typical asking rate per listing is in the $40's per square foot per year. The Downtown Alexandria region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the Washington D.C. market, the Downtown Alexandria submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 50 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the Downtown Alexandria are subleases, so you will probably have to consider a longer term lease. 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 2,620 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region 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.