Elkridge Office Space

Elkridge

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,800
As of: December 4, 2016

Elkridge Rates

Most listings are in the $30's per square foot per year. The Elkridge region is going through a a boost in rates. In the last 3 months, the median rate went up $31 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Greater Baltimore market, the Elkridge region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Elkridge Listing Supply

In the last 90 days, 4 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Elkridge 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,800 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region 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