Elkridge Office Space

Elkridge

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
15,000
As of: June 22, 2017

Elkridge Rates

The typical asking rate per listing is in the $20's per square foot per year. The Elkridge submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.

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

Elkridge Listing Supply

In the last 90 days, 6 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 183% of the listings in the Elkridge 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 2004 and are Class B.

Elkridge Community

Market Report

Trends and status of the commercial real estate market in Elkridge.
Market Report

Market Data

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