The typical asking rate per listing is in the $30's per square foot per year. The Elkhorn Landing submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Greater Baltimore market, the Elkhorn Landing region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been posted online, 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,370 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1983 and are Class A.