The typical asking rate per listing is in the $20's per square foot per year. The South Old Courthouse region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Washington D.C. market, the South Old Courthouse region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, 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 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 2,040 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1986 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the occupants of South Old Courthouse work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.