Reisterstown Retail

Reisterstown

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$238
Median Size (sqft)
1,270
As of: July 21, 2017

Reisterstown Rates

The typical asking rate per listing is in the $230's per square foot per year. The Reisterstown region is going through a an increase in rates. In the last 3 months, the median rate increased $212 per sqft per year. That's a 823% increase in rent.

Compared to the rest of the Greater Baltimore market, the Reisterstown region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Reisterstown Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 433% of the office spaces in the Reisterstown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,270 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1954 and are Class C.

Reisterstown Community

Market Report

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

Market Data

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