The typical asking rate per listing is in the $20's per square foot per year. The Rockville submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the Washington D.C. market, the Rockville submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 33 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 148% of the listings in the Rockville 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1985 and are Class A.