On average, listings lease in the $10's per square foot per year. The Woodlawn region is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Greater Baltimore market, the Woodlawn submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Woodlawn are subleases, so you might be able to find a shorter term or below market rent. 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 5,760 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1973 and are Class A.