Ellicott City Sublease

Ellicott City

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
1,430
As of: July 27, 2017

Ellicott City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Ellicott City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 38% increase in rent.

Compared to the rest of the Greater Baltimore market, the Ellicott City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Ellicott City Listing Supply

In the last 90 days, 12 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the office spaces in the Ellicott City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,430 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1987 and are Class B.

Ellicott City Community

Market Report

Trends and status of the commercial real estate market in Ellicott City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Ellicott City.
Research