On average, listings lease in the $10's per square foot per year. The Silver Spring submarket is going through a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 54% decline in rent.
Compared to the rest of the Washington D.C. market, the Silver Spring submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 6,500 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 9 floors. Most buildings in this area were built in 1983 and are Class A.