On average, listings lease in the $30's per square foot per year. The Reston region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Washington D.C. market, the Reston region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 15 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Reston are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 5 stories. Most buildings in this region were built in 1987 and are Class A.