Franconia Sublease

Franconia

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
25,460
As of: January 21, 2017

Franconia Rates

The typical asking rate per listing is in the $40's per square foot per year. The Franconia region is experiencing a a boost in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Washington D.C. market, the Franconia region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Franconia Listing Supply

In the last 90 days, 1 listings have been made available, which means new availabilities are probably leasing quickly. 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 25,460 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 2002 and are Class A.

Franconia Community

Market Report

Trends and status of the commercial real estate market in Franconia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Franconia.
Research