Most listings are in the $30's per square foot per year. The Taylor Run region is seeing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Washington D.C. market, the Taylor Run submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 5,290 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 6 stories. Most buildings in this market were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Taylor Run occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.