On average, listings lease in the $30's per square foot per year. The Thunder Hill region is going through a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Thunder Hill 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, 3 listings have come on the market, 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 4,040 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Thunder Hill occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.