Central Rockville Retail

Central Rockville

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
4,370
As of: June 26, 2017

Central Rockville Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Rockville region is experiencing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.

Compared to the rest of the Washington D.C. market, the Central Rockville submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Central Rockville Listing Supply

In the last 90 days, 14 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 93% of the available space in the Central Rockville 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.

Even though the median size is 4,370 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 6 floors. Most buildings in this region were built in 1981 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 region. 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.
Research