Severna Park Sublease

Severna Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
1,680
As of: June 22, 2017

Severna Park Rates

Most listings are in the $40's per square foot per year. The Severna Park region is experiencing a a boost in rates. In the last 3 months, the median rate rose $49 per sqft per year.

Compared to the rest of the Greater Baltimore market, the Severna Park region has greater rates, and you'll need to make a great offer to be in this hot region.

Severna Park Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% of the available space in the Severna Park are subleases, so you might be able to find a shorter term or below market rent. 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 1,680 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1986 and are Class B.

Severna Park Community

Market Report

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

Market Data

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