Central Rockville Retail

Central Rockville

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Central Rockville Rates

On average, listings lease in the $20's per square foot per year. The Central Rockville region is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 21% decline in rent.

Compared to the rest of the Washington D.C. market, the Central Rockville region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Central Rockville Listing Supply

In the last 90 days, 14 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,830 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this region were built in 1983 and are Class A.

Central Rockville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Central Rockville residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Central Rockville.