On average, listings lease in the $30's per square foot per year. The Rockville submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Washington D.C. market, the Rockville region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 38 listings have been listed, which means office spaces 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.
Even though the median size is 2,540 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this market were built in 1986 and are Class A.