The typical asking rate per listing is in the $30's per square foot per year. The Old Courthouse submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Washington D.C. market, the Old Courthouse submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 18 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the available leases in the Old Courthouse are subleases, so you might be able to find a shorter term or below market rent. 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 3,030 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 7 floors. Most buildings in this region were built in 1984 and are Class B.
Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Old Courthouse folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.