Laurel Sublease

Laurel

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,940
As of: February 24, 2017

Laurel Rates

Most listings are in the $10's per square foot per year. The Laurel region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 26% decrease in rent.

Compared to the rest of the Washington D.C. market, the Laurel submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Laurel Listing Supply

In the last 90 days, 10 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Laurel are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,940 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1989 and are Class B.

Laurel Community

Market Report

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

Market Data

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

Laurel Submarkets