On average, listings lease in the $40's per square foot per year. The Springfield region is seeing a a rise in rates. In the last 3 months, the median rate went up $41 per sqft per year.
Compared to the rest of the Washington D.C. market, the Springfield region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 38% of the listings in the Springfield 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,810 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1972 and are Class C.