On average, listings lease in the $30's per square foot per year. The McLean submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 25% decline in rent.
Compared to the rest of the Washington D.C. market, the McLean submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means new listings might be 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,160 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built in 1980 and are Class B.