Franconia Retail

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Franconia

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,000
As of: June 22, 2017

Franconia Rates

Most listings are in the $20's per square foot per year. The Franconia submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Compared to the rest of the Washington D.C. market, the Franconia region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Franconia Listing Supply

In the last 90 days, 1 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 900% of the available space in the Franconia 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1997 and are Class A.

Franconia Community

Market Report

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

Market Data

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