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The typical asking rate per commerial real estate listing leases is in the $30's per square foot per year. The Columbia submarket is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $2 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Greater Baltimore commercial real estate market, the Columbia submarket has more expensive rates for rent, and you may need to pay a premium to be in this hot submarket.
In the last 90 days, 669 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases in the Columbia are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,130 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built close to 1988 and are Class B.
Real time and historical data on commercial real estate listings in Columbia.
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