The typical asking rate per listing is in the $40's per square foot per year. The Eisenhower Avenue-Eisenhower West region is going through a an increase in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 36% rise in rent.
Compared to the rest of the Washington D.C. market, the Eisenhower Avenue-Eisenhower West submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 5,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Eisenhower Avenue-Eisenhower West residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.