2020 Office Space Rent & Sales
- $34.35 2020 Avg. Asking Rent
- 3.21 % Y-o-Y Avg. Asking Rent Change
- 11.69 % 2020 Office Vacancy Rate
Oxon Hill office price per square foot in 2020 was $34.35 on average. This marked a +3.21 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.69 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Oxon Hill Class A Office Space$43.84
- Oxon Hill Class B Office Space$26.98
- Maryland Class A Office Space$32.41
- Maryland Class B Office Space$25.12
- Maryland Class C Office Space$19.46
Oxon Hill, MD Office Asking Rents by Class
2020 Office Construction in Oxon Hill, MD
|163 Waterfront Street||163 Waterfront Street, 20745||40,000||2009|
|174 Waterfront Street||174 Waterfront Street, 20745||75,000||2008|
|120 Waterfront Street - National Harbor||120 Waterfront Street, 20745||75,000||2008|
|137 National Plaza||137 National Plaza, 20745||44,311||2007|
|6710 Oxon Hill Road - National Harbor||6710 Oxon Hill Road, 20745||118,336||1990|
|Riverview Professional Center||6196 Oxon Hill Road, 20745||69,118||1987|
|Gateway East & West||6192 Oxon Hill Road, 20745||113,537||1971|
|7100 Oxon Hill Road||7100 Oxon Hill Road, 20745||25,250||1957|
Worth noting among recent office completions on the Oxon Hill market is 163 Waterfront Street, which is currently the largest new office development in the city, at 40,000 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Oxon Hill commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.