Pendleton Park Sublease

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Pendleton Park

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
800
As of: May 28, 2017

Pendleton Park Rates

The typical asking rate per listing is in the $30's per square foot per year. The Pendleton Park region is going through a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.

Compared to the rest of the Washington D.C. market, the Pendleton Park submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Pendleton Park Listing Supply

In the last 90 days, 0 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Pendleton Park 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1960 and are Class B.

Pendleton Park Community

Public administration is the dominant industry in this region. Most of the residents 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.

Market Report

Trends and status of the commercial real estate market in Pendleton Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pendleton Park.
Research