The typical asking rate per listing is in the $30's per square foot per year. The Twin Knolls region is experiencing a a rise in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the Greater Baltimore market, the Twin Knolls region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,270 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1983 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Twin Knolls occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.