On average, listings lease in the $40's per square foot per year. The Strayer University submarket is going through a an increase in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Washington D.C. market, the Strayer University submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 7 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this area were built in 1987 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of Strayer University work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.