Hampden Office Space

Hampden

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,500
As of: June 25, 2017

Hampden Rates

The typical asking rate per listing is in the $10's per square foot per year. The Hampden region is seeing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Hampden region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Hampden Listing Supply

In the last 90 days, 12 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the listings in the Hampden 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.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1920 and are Class B.

Hampden Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Hampden folk. Commuting between 30 and 45 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 Hampden.
Market Report

Market Data

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