Most listings are in the $30's per square foot per year. The Ten Thousand Village submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Washington D.C. market, the Ten Thousand Village submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,280 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this market were built in 1927 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the occupants of Ten Thousand Village work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.