The typical asking rate per listing is in the $30's per square foot per year. The Ellicott City submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Greater Baltimore market, the Ellicott City submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 21 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 880 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1986 and are Class B.