Central Rockville Industrial

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Central Rockville

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
1,670
As of: February 23, 2017

Central Rockville Rates

On average, listings lease in the $30's per square foot per year. The Central Rockville submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the Washington D.C. market, the Central Rockville submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Central Rockville Listing Supply

In the last 90 days, 15 listings have been posted online, which means new availabilities might be 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 2,070 sqft. Most buildings in this market are around 6 stories. Most buildings in this region were built in 1983 and are Class A.

Central Rockville Community

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 residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Central Rockville.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Rockville.
Research