Modified-gross structures with operating-expense pass-throughs over a base year.
Modified-gross structures with operating-expense pass-throughs over a base year.
Modified-gross structures with operating-expense pass-throughs over a base year. Federal GSA leases are typically full-service with cap on operating-expense growth. Free rent of 14-18 months and TI allowances of $130-$150/sqft are typical on 10-year private-sector deals.
Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).
| city | Washington DC |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 58 USD/sqft/yr |
| classARentUsd | $58/sqft/yr |
| vacancy | 19.4% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 14 |
| submarkets | 6 |
| primeYieldPct | 6.3% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.