Most listings are in the $60's per square foot per year. The District of Columbia Municipality region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the Washington D.C. market, the District of Columbia Municipality submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 90 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the District of Columbia Municipality are subleases, so you will probably have to focus your search on direct office leases. 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 5,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 10 floors. Most buildings in this area were built in 1976 and are Class A.