The typical asking rate per listing is in the $20's per square foot per year. The Lutherville - Timonium region is going through a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Greater Baltimore market, the Lutherville - Timonium submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 16 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,810 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1973 and are Class A.
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 area. Commute by car is the most popular way to get to work amongst Lutherville - Timonium folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.