On average, listings lease in the $0's per square foot per year. The Silver Spring submarket is going through a decline in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available space in the Silver Spring are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Silver Spring residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.