On average, listings lease in the $10's per square foot per year. The Woodlawn submarket is seeing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 44% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Woodlawn region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been listed, which means leases most likley are 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.
Even though the median size is 5,760 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1973 and are Class A.