The typical asking rate per listing is in the $60's per square foot per year. The Bluemont region is experiencing a a rise in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Washington D.C. market, the Bluemont region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 125% of the available leases in the Bluemont 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,120 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 11 floors. Most buildings in this market were built in 1988 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bluemont residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.