On average, listings lease in the $20's per square foot per year. The Oakland Mills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Oakland Mills submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Oakland Mills 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,370 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Oakland Mills occupants. Commuting approximately 20 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 Oakland Mills.
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