Most listings are in the $40's per square foot per year. The Severn region is going through a a rise in rates. In the last 3 months, the median rate rose $45 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Severn submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 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 available, so finding a space for a small business might be tough.
Even though the median size is 31,490 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this area were built in 2015 and are Class A.