Laurel Lakes Sublease

Laurel Lakes

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
6,430
As of: February 24, 2017

Laurel Lakes Rates

On average, listings lease in the $10's per square foot per year. The Laurel Lakes submarket is going through a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Washington D.C. market, the Laurel Lakes submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Laurel Lakes Listing Supply

In the last 90 days, 2 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Laurel Lakes are subleases, so you might be able to find a shorter term or below market rent. 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 6,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1987 and are Class B.

Laurel Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Laurel Lakes residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Laurel Lakes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Laurel Lakes.
Research

Laurel Submarkets