On average, listings lease in the $20's per square foot per year. The Charles North region is experiencing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Charles North submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,680 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1929 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Charles North 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.