On average, listings lease in the $20's per square foot per year. The Severna Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Greater Baltimore market, the Severna Park region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 860 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1983 and are Class B.