On average, listings lease in the $10's per square foot per year. The Southern Gateway region is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 32% decline in rent.
Compared to the rest of the Washington D.C. market, the Southern Gateway submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have been made available, which means new listings are probably 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.
Even though the median size is 3,210 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 2005 and are Class A.