Ellicott City Office Space

Ellicott City

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
900
As of: January 21, 2017

Ellicott City Rates

On average, listings lease in the $20's per square foot per year. The Ellicott City region is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Greater Baltimore market, the Ellicott City submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Ellicott City Listing Supply

In the last 90 days, 25 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Ellicott City are subleases, so you will probably have to focus your search on direct office leases. 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 900 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1986 and are Class B.

Ellicott City Community

Market Report

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

Market Data

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