On average, listings lease in the $0's per square foot per year. The Germantown submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 2004 and are Class B.
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 region. Commute by car is the most popular way to get to work amongst Germantown residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.