Pikesville Sublease

Pikesville

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,770
As of: June 22, 2017

Pikesville Rates

On average, listings lease in the $20's per square foot per year. The Pikesville submarket is going through a an increase in rates. In the last 3 months, the median rate increased $23 per sqft per year.

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

Pikesville Listing Supply

In the last 90 days, 8 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 213% of the office spaces in the Pikesville are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,770 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1978 and are Class B.

Pikesville Community

Market Report

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

Market Data

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