Rockville Office Space

Rockville

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,540
As of: June 22, 2017

Rockville Rates

The typical asking rate per listing is in the $30's per square foot per year. The Rockville region is seeing a a rise in rates. In the last 3 months, the median rate increased $38 per sqft per year.

Compared to the rest of the Washington D.C. market, the Rockville submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Rockville Listing Supply

In the last 90 days, 33 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 158% of the office spaces in the Rockville are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,320 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this area 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