Silver Spring Office Space

Silver Spring

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,300
As of: March 12, 2017

Silver Spring Rates

Most listings are in the $20's per square foot per year. The Silver Spring submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $23 per sqft per year.

Silver Spring Listing Supply

In the last 90 days, 1 listings have been made available, which means office spaces most likley are 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 1,300 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 2005 and are Class A.

Silver Spring Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Silver Spring occupants. Commuting more than 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 Silver Spring.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Silver Spring.
Research

New Kingstown Submarkets