The typical asking rate per listing is in the $40's per square foot per year. The Franconia region is experiencing a an increase in rates. In the last 3 months, the median rate rose $48 per sqft per year.
Compared to the rest of the Washington D.C. market, the Franconia submarket has greater rates, and you'll need to pay a premium to be in this hot region.
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 25,460 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 2002 and are Class A.