On average, listings lease in the $10's per square foot per year. The Southeastern Baltimore region is experiencing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 53% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Southeastern Baltimore submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 18 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,410 sqft. Most properties in this region are around 4 floors. Most buildings in this region were built in 1952 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Most of the residents of Southeastern Baltimore work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.