South Old Courthouse Retail

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South Old Courthouse

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
12,000
As of: August 16, 2017

South Old Courthouse Rates

Most listings are in the $30's per square foot per year. The South Old Courthouse region is going through a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

South Old Courthouse Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the listings in the South Old Courthouse are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,230 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1985 and are Class B.

South Old Courthouse Community

This region is fairly equally mixed residential and commercial. Education is the dominant industry in this market. 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.

Market Report

Trends and status of the commercial real estate market in South Old Courthouse.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Old Courthouse.
Research