2020 Office Space Rent & Sales
- $30.84 2020 Avg. Asking Rent
- -17.15 % Y-o-Y Avg. Asking Rent Change
- 4.79 % 2020 Office Vacancy Rate
Annapolis Junction office price per square foot in 2020 was $30.84 on average. This marked a -17.15 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 4.79 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Annapolis Junction Class A Office Space$34.67
- Annapolis Junction Class B Office Space$19.95
- Maryland Class A Office Space$32.41
- Maryland Class B Office Space$25.12
- Maryland Class C Office Space$19.46
Annapolis Junction, MD Office Asking Rents by Class
2020 Office Construction in Annapolis Junction, MD
|Annapolis Junction Town Center||10170 Junction Drive, 20701||101,200||2017|
|National Business Park - 310 Sentinel Drive||310 Sentinel Drive, 20701||189,863||2014|
|National Business Park - 312 Sentinel Way||312 Sentinel Way, 20701||125,157||2013|
|National Business Park - 316 Sentinel Way||316 Sentinel Way, 20701||125,150||2011|
|National Business Park - 308 Sentinel Drive||308 Sentinel Drive, 20701||151,207||2010|
|National Business Park - 324 Sentinel Way||324 Sentinel Way, 20701||125,118||2010|
|National Business Park - 300 Sentinel Drive||300 Sentinel Drive, 20701||193,296||2009|
|National Business Park - 322 Sentinel Way||322 Sentinel Way, 20701||125,487||2009|
|National Business Park - 302 Sentinel Drive||302 Sentinel Drive, 20701||153,566||2007|
|National Business Park - 318 Sentinel Way||318 Sentinel Way, 20701||125,635||2007|
Worth noting among recent office completions on the Annapolis Junction market is National Business Park - 300 Sentinel Drive, which is currently the largest new office development in the city, at 193,296 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Annapolis Junction commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.