The typical asking rate per listing is in the $40's per square foot per year. The Central Rockville region is going through a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 23% increase in rent.
Compared to the rest of the Washington D.C. market, the Central Rockville region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 9 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this area were built in 1983 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Central Rockville folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.