Most listings are in the $30's per square foot per year. The Bluemont submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Washington D.C. market, the Bluemont submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Bluemont are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,090 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 11 floors. Most buildings in this region were built in 1988 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 market. Commute by public transit is the most popular way to get to work amongst Bluemont occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.