Most listings are in the $30's per square foot per year. The Silver Spring region is seeing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year.
Compared to the rest of the Washington D.C. market, the Silver Spring region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 750% of the available leases in the Silver Spring are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,830 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 9 stories. Most buildings in this region were built in 1976 and are Class A.