On average, listings lease in the $20's per square foot per year. The Broad Run Business Center submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Washington D.C. market, the Broad Run Business Center submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 2000 and are Class A.
Public administration is the dominant industry in this area. Most of the folk of Broad Run Business Center 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.