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: July 19, 2017

McNair Rates

The typical asking rate per listing is in the $30's per square foot per year. The McNair submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the Washington D.C. market, the McNair submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

McNair Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 800% of the available leases in the McNair 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 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 leases below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this region 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