On average, listings lease in the $20's per square foot per year. The Twin Knolls region is seeing a an increase 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 Twin Knolls submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 34 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the Twin Knolls 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 new listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1983 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Twin Knolls folk. Commuting approximately 10 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 Twin Knolls.
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