Newington Sublease

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Newington

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
31,570
As of: December 4, 2016

Newington Rates

On average, listings lease in the $20's per square foot per year. The Newington submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Washington D.C. market, the Newington submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Newington Listing Supply

In the last 90 days, 5 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 31,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1982 and are Class B.

Newington Community

Market Report

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

Market Data

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