On average, listings lease in the $20's per square foot per year. The South Old Courthouse submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $29 per sqft per year.
Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 600% of the available space in the South Old Courthouse 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,130 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1985 and are Class B.
This market is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Most of the residents of South Old Courthouse work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.