On average, listings lease in the $30's per square foot per year. The Gateway North region is going through a an increase in rates. In the last 3 months, the median rate rose $36 per sqft per year.
Compared to the rest of the Washington D.C. market, the Gateway North submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the Gateway North are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 27,240 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this region were built in 2000 and are Class A.
Public administration is the dominant industry in this region. Most of the residents of Gateway North 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.