On average, listings lease in the $20's per square foot per year. The Ellicott City region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Ellicott City submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 11 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 18% of the available leases in the Ellicott City 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 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1986 and are Class B.