Rockville Office Space

Rockville

Office Space Market Report

Number of Listings (last 90 days)
485
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,750
As of: August 17, 2017

Rockville Rates

Most listings are in the $30's per square foot per year. The Rockville submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Washington D.C. market, the Rockville region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Rockville Listing Supply

In the last 90 days, 33 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 191% of the listings in the Rockville 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,750 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this market were built in 1985 and are Class A.

Rockville Community

Market Report

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

Market Data

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