East Rockville Office Space

East Rockville

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,270
As of: June 22, 2017

East Rockville Rates

The typical asking rate per listing is in the $40's per square foot per year. The East Rockville submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $40 per sqft per year.

Compared to the rest of the Washington D.C. market, the East Rockville region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

East Rockville Listing Supply

In the last 90 days, 11 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 118% of the office spaces in the East 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this area were built in 1960 and are Class B.

East Rockville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst East Rockville folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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