On average, listings lease in the $30's per square foot per year. The Gateway North submarket is going through a an increase in rates. In the last 3 months, the median rate rose $36 per sqft per year.
Compared to the rest of the Washington D.C. market, the Gateway North region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Gateway North are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 27,240 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this market were built in 2000 and are Class A.
Public administration is the dominant industry in this region. Most of the folk of Gateway North work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.