On average, listings lease in the $20's per square foot per year. The Bel Air South submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Bel Air South submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the listings in the Bel Air South are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,840 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 2002 and are Class B.
Real time and historical data on commercial real estate listings in Bel Air South.
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