East Rockville Industrial

East Rockville

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

East Rockville Rates

The typical asking rate per listing is in the $20's per square foot per year. The East Rockville submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 36% decrease in rent.

Compared to the rest of the Washington D.C. market, the East Rockville region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

East Rockville Listing Supply

In the last 90 days, 4 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available leases in the East Rockville are subleases, so you might be able to snag a great spot on a short term. 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 7,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 6 stories. Most buildings in this market were built in 1983 and are Class A.

East 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 car is the most popular way to get to work amongst East Rockville residents. Commuting close to an hour and a half 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 East Rockville.
Market Report

Market Data

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