The typical asking rate per listing is in the $20's per square foot per year. The Crofton region is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 20% increase in rent.
Compared to the rest of the Greater Baltimore market, the Crofton region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Crofton 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 5,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this region were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Crofton.
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