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CBD Submarket — Washington DC

CBD submarket of Washington DC: 9 tracked properties, 1,847,500 SF of inventory and 291,800 SF available.

9Listings
291,800 SFAvailable space
1,847,500 SFTotal inventory
$51.38/SFAvg asking rent
26,600 SFMedian suite
3057 15th St NWWashington, DC · Office · Class A35,800 SF available$65.35 – $79.56/SF/yr FS
Pecos PointWashington, DC · Retail · Class B45,500 SF available$33.48 – $40.76/SF/yr NNN
Century ExchangeWashington, DC · Medical · Class B6,900 SF available$27.13 – $33.03/SF/yr FS
955 First St NEWashington, DC · Office · Class C800 SF available$45.27 – $55.11/SF/yr FS
Riverfront PointWashington, DC · Office · Class B141,400 SF$53.00 – $64.52/SF/yr FS
2929 N Glebe RdWashington, DC · Retail · Class C3,600 SF available$35.04 – $42.65/SF/yr NNN

9 commercial properties are tracked in the CBD submarket, representing 1,847,500 SF of rentable building area, of which 291,800 SF is currently marketed as available.

Asking rents average $51.38 per square foot per year, the median marketed suite is 26,600 SF, and listings have been on market a median of 544 days.

The stock splits 2 Class A, 3 Class B, 4 Class C, with construction dates from 1906 to 2011 (median 2001).

Other Washington DC submarkets

AlexandriaBethesdaCapitol HillCrystal CityEast EndGeorgetownHyattsvilleMidtown Center - East TowerNational HarborNoMaRosslyn-BallstonSilver SpringSpringfieldTysons Corner

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Frequently asked questions

What is the average asking rent for commercial space in CBD, DC?

Across the 9 commercial listings published in CBD, DC, asking rents average $51.38 per square foot per year, quoted on a NNN basis.

How much commercial space is available in CBD, DC?

291,800 SF is currently marketed across 8 buildings, out of 1,847,500 SF of total inventory.

What is the commercial vacancy rate in the Washington DC market?

The Washington DC commercial market is running 27.0% vacancy with year-over-year asking rent growth of 2.9%.

Which submarkets have the most commercial space in CBD, DC?

CBD (9 properties).

What cap rates are commercial assets trading at in CBD, DC?

Listed commercial assets in CBD, DC show an average asking cap rate of 5.42%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in CBD, DC?

Pinnacle CRE (2 listings), Capitol Commercial (1 listing), Landmark Commercial (1 listing), Meridian Realty Partners (1 listing), Sterling Crest Advisors (1 listing). See the full CBD, DC broker directory.

How do I list a commercial property in CBD, DC?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.