The typical asking rate per listing is in the $20's per square foot per year. The Broad Run Professional Condominiums submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Washington D.C. market, the Broad Run Professional Condominiums submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 200% of the office spaces in the Broad Run Professional Condominiums 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region were built in 2001 and are Class B.
Public administration is the dominant industry in this region. Most of the occupants of Broad Run Professional Condominiums 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.