Elkridge Retail

Elkridge

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
15,000
As of: July 21, 2017

Elkridge Rates

On average, listings lease in the $20's per square foot per year. The Elkridge region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 19% decrease in rent.

Compared to the rest of the Greater Baltimore market, the Elkridge submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Elkridge Listing Supply

In the last 90 days, 6 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the office spaces in the Elkridge are subleases, so you might be able to snag a great spot on a short term. 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 15,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 2004 and are Class B.

Elkridge Community

Market Report

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

Market Data

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