Central Rockville Industrial

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Central Rockville

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Central Rockville Rates

Most listings are in the $30's per square foot per year. The Central Rockville submarket is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decline in rent.

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

Central Rockville Listing Supply

In the last 90 days, 12 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,420 sqft. Most properties in this area are approximately 6 floors. Most buildings in this market 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 folk. Commuting close to 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.