The typical asking rate per listing is in the $40's per square foot per year. The Odenton region is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Greater Baltimore market, the Odenton region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 23 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Odenton are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 15,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1991 and are Class B.
Real time and historical data on commercial real estate listings in Odenton.
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