The typical asking rate per listing is in the $10's per square foot per year. The Montgomery Village submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.
Compared to the rest of the Washington D.C. Area market, the Montgomery Village submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 18 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,590 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1982 and are Class B.
Real time and historical data on commercial real estate listings in Montgomery Village.
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