The typical asking rate per listing is in the $10's per square foot per year. The Reisterstown region is seeing a decrease in rates. In the last 3 months, the median rate decreased $218 per sqft per year. That's a 92% decline in rent.
Compared to the rest of the Greater Baltimore market, the Reisterstown region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 71 listings have been posted online, so you'll want to check back regularly for new listings. About 35% of the available leases in the Reisterstown are subleases, so you might be able to snag a great spot on a short term. 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 2,560 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1954 and are Class C.
Real time and historical data on commercial real estate listings in Reisterstown.
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