The typical asking rate per listing is in the $20's per square foot per year. The Franconia region is seeing a decrease in rates. In the last 3 months, the median rate fell $23 per sqft per year. That's a 47% decrease in rent.
Compared to the rest of the Washington D.C. market, the Franconia region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been made available, which means office spaces might be 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.
Even though the median size is 10,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1997 and are Class A.