Gaithersburg Office Space

Gaithersburg

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,220
As of: March 12, 2017

Gaithersburg Rates

The typical asking rate per listing is in the $30's per square foot per year. The Gaithersburg region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Washington D.C. market, the Gaithersburg submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Gaithersburg Listing Supply

In the last 90 days, 20 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Gaithersburg are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,220 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1989 and are Class B.

Gaithersburg Community

Market Report

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

Market Data

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