Most listings are in the $30's per square foot per year. The Old Courthouse region is going through a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Washington D.C. market, the Old Courthouse submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 18 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 4,130 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 7 floors. Most buildings in this area were built in 1984 and are Class B.
This region is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Old Courthouse residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.