Oak Grove Sublease

Oak Grove

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,392
As of: December 2, 2016

Oak Grove Rates

On average, listings lease in the $20's per square foot per year. The Oak Grove region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Washington D.C. market, the Oak Grove region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Oak Grove Listing Supply

In the last 90 days, 11 listings have come on the market, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Oak Grove are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,392 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1989 and are Class B.

Oak Grove Community

Market Report

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

Market Data

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

Oak Grove Submarkets