On average, listings lease in the $20's per square foot per year. The Ellicott City submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Ellicott City region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 18% of the available leases in the Ellicott City 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1986 and are Class B.