South Old Courthouse Sublease

South Old Courthouse

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
12,000
As of: August 20, 2017

South Old Courthouse Rates

Most listings are in the $30's per square foot per year. The South Old Courthouse region is seeing a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 36% rise in rent.

Compared to the rest of the Washington D.C. market, the South Old Courthouse submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

South Old Courthouse Listing Supply

In the last 90 days, 1 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the South Old Courthouse are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 12,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1985 and are Class B.

South Old Courthouse Community

This region is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Most of the occupants of South Old Courthouse work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Old Courthouse.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Old Courthouse.
Research