Washington D.C Sublease

Washington D.C

Office Space Market Report

Number of Listings (last 90 days)
89
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
5,440
As of: March 11, 2017

Washington D.C Rates

On average, listings lease in the $50's per square foot per year. The Washington D.C region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 10% decline in rent.

Compared to the rest of the Washington D.C. market, the Washington D.C submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Washington D.C Listing Supply

In the last 90 days, 89 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Washington D.C are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 10 floors. Most buildings in this market were built in 1976 and are Class A.

Washington D.C Community

Market Report

Trends and status of the commercial real estate market in Washington D.C.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Washington D.C.
Research

Washington D.C Submarkets