On average, listings lease in the $30's per square foot per year. The West Rockville submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the Washington D.C. market, the West Rockville submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 6 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 317% of the available leases in the West 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,130 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst West Rockville folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.