Springfield Retail

Springfield

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
3,900
As of: August 19, 2017

Springfield Rates

Compared to the rest of the Washington D.C. market, the Springfield submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Springfield Listing Supply

In the last 90 days, 8 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 63% of the available leases in the Springfield are subleases, so you might be able to snag a great spot on a short term. 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 3,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1972 and are Class C.

Springfield Community

Market Report

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

Market Data

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