Most listings are in the $30's per square foot per year. The South Old Courthouse submarket is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces 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 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 new availabilities below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1985 and are Class B.
This area 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.