Most listings are in the $30's per square foot per year. The Silver Spring region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Washington D.C. market, the Silver Spring region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 850% of the listings in the Silver Spring 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,830 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 9 stories. Most buildings in this region were built in 1976 and are Class A.