West Rockville Office Space

West Rockville

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,540
As of: June 24, 2017

West Rockville Rates

The typical asking rate per listing is in the $30's per square foot per year. The West Rockville submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.

Compared to the rest of the Washington D.C. market, the West Rockville submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

West Rockville Listing Supply

In the last 90 days, 6 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 200% of the available space in the West Rockville are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.

West Rockville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst West Rockville folk. Commuting between 20 and 25 minutes 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 West Rockville.
Market Report

Market Data

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