Bluemont Retail

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Bluemont

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
5,000
As of: December 7, 2016

Bluemont Rates

Most listings are in the $50's per square foot per year. The Bluemont submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year. That's a 68% increase in rent.

Compared to the rest of the Washington D.C. market, the Bluemont region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Bluemont Listing Supply

In the last 90 days, 5 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 40% of the listings in the Bluemont are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 11 floors. Most buildings in this region were built in 1988 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 region. 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.

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