On average, listings lease in the $40's per square foot per year. The Strayer University submarket is going through a a boost in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Washington D.C. market, the Strayer University region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been posted online, which means leases are probably 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 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1987 and are Class B.
Public administration is the dominant industry in this area. Most of the folk of Strayer University work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.