On average, listings lease in the $20's per square foot per year. The Ellicott City region is seeing a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Ellicott City region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 12 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 175% of the listings 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 920 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1987 and are Class B.