Oakland Mills Retail

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Oakland Mills

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
8,270
As of: December 2, 2016

Oakland Mills Rates

The typical asking rate per listing is in the $30's per square foot per year. The Oakland Mills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Greater Baltimore market, the Oakland Mills region has greater rates, and you'll need to pay a premium to be in this hot region.

Oakland Mills Listing Supply

In the last 90 days, 7 listings have been made available, which means listings 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,400 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1983 and are Class B.

Oakland Mills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Oakland Mills residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Oakland Mills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oakland Mills.
Research