On average, listings lease in the $60's per square foot per year. The Washington D.C submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Washington D.C. market, the Washington D.C submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 50 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Washington D.C are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,680 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 10 stories. Most buildings in this area were built in 1976 and are Class A.