The typical asking rate per listing is in the $20's per square foot per year. The Charles North submarket is going through a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Charles North region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 22 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Charles North are subleases, so you might be able to find a shorter term or below market rent. 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 3,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 1900 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Charles North folk. Commuting more than an hour and a half 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 Charles North.
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