On average, listings lease in the $10's per square foot per year. The Milford Mill submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Milford Mill region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been listed, which means new listings might be 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 12,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this market were built in 1988 and are Class B.