On average, listings lease in the $30's per square foot per year. The Pendleton Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Washington D.C. market, the Pendleton Park region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Pendleton Park are subleases, so you might be able to snag a great spot on a short term. 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 2,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1960 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of Pendleton Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.