On average, listings lease in the $20's per square foot per year. The Londontowne region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Greater Baltimore market, the Londontowne region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been listed, which means listings 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 750 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1987 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 region. Commute by walking is the most popular way to get to work amongst Londontowne folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.