Most listings are in the $10's per square foot per year. The Southeastern Baltimore region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 10% decline in rent.
Compared to the rest of the Greater Baltimore market, the Southeastern Baltimore region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 135 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Southeastern Baltimore are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,820 sqft. Most buildings in this area are close to 4 floors. Most buildings in this area were built in 1920 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the residents of Southeastern Baltimore work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Southeastern Baltimore.
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