Radnor - Fort Myer Heights Sublease

Radnor - Fort Myer Heights

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
8,070
As of: August 18, 2017

Radnor - Fort Myer Heights Rates

The typical asking rate per listing is in the $50's per square foot per year. The Radnor - Fort Myer Heights region is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Washington D.C. market, the Radnor - Fort Myer Heights region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Radnor - Fort Myer Heights Listing Supply

In the last 90 days, 24 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the listings in the Radnor - Fort Myer Heights 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 8,040 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 13 floors. Most buildings in this area were built in 1983 and are Class A.

Radnor - Fort Myer Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Radnor - Fort Myer Heights occupants. Commuting around 20 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 Radnor - Fort Myer Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Radnor - Fort Myer Heights.
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