East Rockville Retail

East Rockville

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
7,250
As of: January 22, 2017

East Rockville Rates

Most listings are in the $30's per square foot per year. The East Rockville submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $17 per sqft per year. That's a 80% rise in rent.

Compared to the rest of the Washington D.C. market, the East Rockville region has greater rates, and you'll need to pay a premium to be in this hot region.

East Rockville Listing Supply

In the last 90 days, 13 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 8% of the available space in the East Rockville are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 7,250 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1983 and are Class A.

East 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 car is the most popular way to get to work amongst East Rockville residents. Commuting close to an hour and a half 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 East Rockville.
Market Report

Market Data

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

Rockville Submarkets