The typical asking rate per listing is in the $30's per square foot per year. The University Center submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year.
Compared to the rest of the Washington D.C. market, the University Center region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 20,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area were built in 2005 and are Class B.