Laurel Industrial

Laurel

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,500

Laurel Rates

The typical asking rate per listing is in the $20's per square foot per year. The Laurel submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Washington D.C. market, the Laurel submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Laurel Listing Supply

In the last 90 days, 117 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available leases in the Laurel are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1988 and are Class B.

Laurel Community

Market Data

Real time and historical data on commercial real estate listings in Laurel.
Research