McNair Retail

McNair

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
27,920
As of: August 20, 2017

McNair Rates

The typical asking rate per listing is in the $30's per square foot per year. The McNair region is going through a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Compared to the rest of the Washington D.C. market, the McNair submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

McNair Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 850% of the listings in the McNair 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 available, so finding a space for a small business might be tough.

Even though the median size is 27,920 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 2000 and are Class A.

McNair Community

Market Report

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

Market Data

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