West Rockville Retail

West Rockville

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,130
As of: August 18, 2017

West Rockville Rates

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.

West Rockville Listing Supply

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.

West Rockville Community

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.

Market Report

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

Market Data

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