Owings Mills Sublease

Owings Mills

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,770
As of: July 27, 2017

Owings Mills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Owings Mills submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Greater Baltimore market, the Owings Mills submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Owings Mills Listing Supply

In the last 90 days, 7 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 171% of the available space in the Owings Mills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,770 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1990 and are Class B.

Owings Mills Community

Market Report

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

Market Data

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