The typical asking rate per listing is in the $50's per square foot per year. The North Rosslyn region is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Washington D.C. market, the North Rosslyn region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the North Rosslyn 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,010 sqft. Most buildings in this region are around 13 stories. Most buildings in this market were built in 1979 and are Class A.
This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Rosslyn occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.