Central Baltimore Commercial Real Estate For Lease

Central Baltimore

Market Report

Number of Listings For Lease
Posted in the last 90 days
10
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,000

Central Baltimore Commercial Real Estate

Find Central Baltimore commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Central Baltimore commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Central Baltimore Rates

Most commerial real estate listings for lease are in the $10's per square foot per year. The Central Baltimore submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $12 per sqft per year.

Compared to the rest of the Greater Baltimore commercial real estate market, the Central Baltimore submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central Baltimore Listing Supply

In the last 90 days, 526 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,000 sqft. Most properties in this region are close to 6 stories. Most buildings in this area were built close to 1924 and are Class A.

Central Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Baltimore folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Data

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