Bluemont Retail

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Bluemont

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
18,870
As of: June 23, 2017

Bluemont Rates

The typical asking rate per listing is in the $50's per square foot per year. The Bluemont region is seeing a a boost in rates. In the last 3 months, the median rate increased $55 per sqft per year.

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.

Bluemont Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Bluemont are subleases, so you might be able to snag a great spot on a short term. 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 new availabilities below 2,000 sqft. Most buildings in this market are around 11 floors. Most buildings in this area were built in 1987 and are Class A.

Bluemont Community

Not much of the real estate is used for commercial space, so it might be hard to find 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 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Bluemont.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bluemont.
Research