Potomac Lakes Sublease

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Potomac Lakes

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Potomac Lakes Rates

The typical asking rate per listing is in the $20's per square foot per year. The Potomac Lakes submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Washington D.C. market, the Potomac Lakes region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Potomac Lakes Listing Supply

In the last 90 days, 1 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this region were built in 2001 and are Class B.

Potomac Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Potomac Lakes residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Cascades Submarkets