Washington, DC Commercial Real Estate for Lease and Sale
Explore 691 listing(s) of commercial real estate in Washington, DC to find the best space for your business.
Here is a rundown of the primary commercial real estate property types currently available in Washington:
The average rent for commercial real estate in Washington is $46.53 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Washington costs $23, while the city’s premium locations ask up to $76.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
The best area for commercial real estate in Washington will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Downtown Washington, home to no fewer than 898 listings for space of all types. If you're looking for office space, Downtown Washington has the highest concentration of office listings at 801.
Meanwhile, Navy Yard has the highest number of industrial availabilities (6), while Downtown Washington boasts the largest number of retail listings in the city (97).
CommercialCafe’s CRE offering in Washington is enabled by a network of 289 active brokers from 92 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $76 per square foot. In particular, the property type commanding the highest lease rates in Washington is Office space.
The average size of a commercial property here stands at 583,797. However, different asset classes and zoning laws will result in vastly different property sizes.
Here is a breakdown of the average size of different commercial asset classes in Washington:
Office properties:
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 416 | 18,753,476 |
| Retail | 236 | 844,844 |
| Industrial | 11 | 412,709 |
| Other | 12 | 583,797 |
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 22 | 752,544 |
| Retail | 15 | 72,339 |
| Industrial | 3 | 76,532 |
| Other | 14 | 320,204 |
The commercial real estate market of Washington, D.C. has always benefited from the city’s status as the seat of the U.S. government, in combination with a healthy financial sector. Besides these factors, the city has also seen tremendous growth in innovative sectors, such as technology and research and development.
Washington, D.C. is also well-connected to the rest of the country, being crossed by two interstate highways and four auxiliary interstates, while also being serviced by three nearby airports.
The most important employers in the city hail from the government and education sectors, including George Washington University, the U.S. Department of Commerce, the George Washington University Alumni Association, the Naval Research Laboratory and Medstar Washington Hospital Center. Numerous Fortune 500 companies also have offices in Washington, D.C. Two of them — the Federal National Mortgage Association (also known as Fanny Mae) and conglomerate Danaher Corporation — are headquartered in Washington, D.C.
