Downtown Fredericksburg Retail

Downtown Fredericksburg

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,240
As of: December 2, 2016

Downtown Fredericksburg Rates

On average, listings lease in the $10's per square foot per year. The Downtown Fredericksburg region is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 27% decrease in rent.

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

Downtown Fredericksburg Listing Supply

In the last 90 days, 2 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 1924 and are Class C.

Downtown Fredericksburg Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Fredericksburg occupants. 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 Downtown Fredericksburg.
Market Report

Market Data

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

Fredericksburg Submarkets